Sonoma Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Production is 700,000 units of Budget and 200.000 units of Deluxe. Information is presented below: Cost Drivers by Product Budget 600 500 Activity Cost Pool Cost Driver Ordering and Receiving Orders Machine Setup Setups Machining Machine hours Assembly Parts Inspection Inspections Total Estimated Overhead $120,000 $297,000 $1,000,000 $1,400.000 $300,000 $3,117,000 Deluxe 400 400 100,000 800,000 450 150,000 1,200,000 550 Round answers to the nearest cent. Required: a. Assume simple costing system used machine hours only as the single cost allocation base. 1. Compute a single overhead rate 2. Compute the amount of overheads allocated to Budget and Deluxe. 3. Compute the amount of overhead per unit allocated to Budget and Deluxe. Compute total overhead costs assigned to each product and the overhead cost per unit for each product, using activity-based costing. b