Sheridan is an electronics components manufacturer. Information about the company's two products follows: AM-2 FM-9 Units produced 25,500 2,660 Direct labor hours required for production 23,000 19,000 Units per batch 5,000 70 Shipping weight per unit 0.50 lbs. 4 lbs. The company incurs $1,254,696 in overhead per year and has traditionally applied overhead on the basis of direct labor hours. (i) How much overhead will be allocated to each product using the traditional direct labor hours allocation base? (Round per unit rates to 2 decimal places, e.g. 3.54 and final answers to 0 decimal places, e.g. 45,000.) AM-2 FM-9 $ $ Overhead allocated to each product (ii) What overhead cost per unit will be allocated to each product? (Round answers to 2 decimal places, e.g. 15.25.) AM-2 FM-9 $ $ Overhead cost per unit e Textbook and Media Assume that Sheridan has identified three activity cost pools. Pool Cost Cost Driver Assembly $924,000 Direct labor hours Setup 115,508 Number of setups (1 per batch) Packaging 215,188 Weight (i) Given these activity pools and cost drivers, how much overhead should be allocated to each product? (Round per unit rates to 2 decimal places, e.g. 3.54 and final answers to o decimal places, e.g. 45,000.) AM-2 FM-9 $ $ Total allocated overhead (ii) What overhead cost per unit will be allocated to each product? (Round answers to 2 decimal places, e.g. 15.25.) AM-2 FM-9 $ $ Overhead cost per unit