Single Plantwide Rate and Activity-Based Costing Whirlpool Corporation conducted an activity-based costing study of its Evansville, Indiana, plant in order to identify its most profitable products. Assume that we select three representative refrigerators (out of 333): one low-, one medium-, and one high-volume refrigerator Additionally, we assume the following activity-base information for each of the three refrigerators: Three Representative Refrigerators Number of Number of Number of Number of Refrigerator-Low Volume Refrigerator-Medium Volume Refrigerator-High Volume Machine Hours Setups Sales Orders Units 100 1,450 80 5,300 20 290 1,060 18 17 12 54 120 1 Prior to conducting the study, the factory overhead allocation was based on a single machine hour rate. The machine hour rate was $100 per hour. After conducting the activity-based costing study, assume that three activities were used to allocate the factory overhead. The new activity rate information is assumed to be as follows Sales Order Machining Activity Setup Activity Processing Activity $30 Activity rate a. Complete the following table, using the single machine hour rate to determine the per-unit factory overhead for each refrigerator (Column A) and the three activity-based rates to determine the activity-based factory overhead per unit (Column B). Finally, compute the percent change in per-unit allocation from the single to activity-based rate methods (Column C). $100 $150 If required, round all per unit answers to the nearest cent. Round percents to one decimal place. For column C, use the minus sign to indicate a negative or decrease. Column B ABC Column A Column C Single Rate Overhead Allocation Overhead Allocation Percent Change in Per Unit Allocation Product Volume Class Low Medium High Per Unit