Swifty, Inc. manufactures steel cylinders and nozzles for two models of fire extinguishers: (1) a home fire extinguisher and (2) a commercial fire extinguisher. The home model is a high-volume (54,000 units), half-gallon cylinder that holds 2 1/2 pounds of multi- purpose dry chemical at 480 PSI. The commercial model is a low-volume (10,200 units), two-gallon cylinder that holds 10 pounds of multi-purpose dry chemical at 390 PSI. Both products require 15 hours of direct labor for completion. Therefore, total annual direct labor hours are 96,300 or (15 hours x (54,000 + 10.200)). Estimated annual manufacturing overhead is $1,585,378. Thus, the predetermined overhead rate is $16.46 or ($1,585,378 +96,300) per direct labor hour. The direct materials cost per unit is $18.50 for the home model and $26.50 for the commercial model. The direct labor cost is $19 per unit for both the home and the commercial models. The company's managers identified six activity cost pools and related cost drivers and accumulated overhead by cost pool as follows. Estimated Use of Drivers by Product Activity Cost Pools Cost Drivers Home Commercial Pounds Estimated Overhead $87.100 155,050 Estimated Use of Cost Drivers 335.000 35,000 217,000 215,000 120,000 8,000 Receiving Forming Assembling Testing 27.000 407.960 165.000 52,000 Machine hours Number of parts Number of tests Gallons 49.980 25.500 15.500 10,000 Painting 57,838 5,258 3,680 1.578 Packing and shipping Pounds 827,450 335.000 215,000 120,000 $1.585,378 Under traditional product costing compute the total unit cost of each product. (Round answers to 2 decimal places, eg. 12.50.) Home Model Commercial Model Total unit cost $ eTextbook and Media Under ABC, prepare a schedule showing the computations of the activity-based overhead rates (per cost driver). (Round overhead rate to 2 decimal places, eg, 12.25.) Activity Cost Pool Estimated Overhead Estimated Use of Cost Drivers Activity-Based Overhead Rate Receiving Pounds per pound Forming Machine hours $ per machi hour Assembling Parts $ per part Testing Tests $ per te Painting Gallons 5 per gallon Under ABC, prepare a schedule showing the computations of the activity based overhead rates (per cost driver). (Round overhead rate to 2 decimal places, eg. 12.25.) Activity Cost Pool Estimated Overhead Estimated Use of Cost Drivers Activity-Based Overhead Rate Receiving Pounds $ per pound Forming Machine hours $ per machii hour Assembling Parts per part Testing Tests $ per te Painting Gallons $ per calon Packing and shipping Pounds per pound e Textbook and Media Activity Cost Pool Estimated Use of Drivers Home Model Activity-Based Overhead Rates Cost Assigned Estimated Use Drivers Receiving $ Forming S Assembling $ . Testing $ Painting $ I $ Packing and shipping Total costs assigned (a) Units produced (6) Overhead cost per unit (la) + (5) Commercial Model Activity-Based Overhead Rates Estimated Use of Drivers Cost Assigned Cost Assigned $ $ $ $ $ $ $ Tabela Media Compute the total cost per unit for each product under ABC. (Round answer to 2 decimal places, e.g. 12.25.) Home Model Commercial Model Total cost per unit $ $ eTextbook and Media Classify each of the activities as a value-added activity or a non-value-added activity. Activity Receiving Forming Assembling > Testing Painting Packing and shipping