Tent Master produces Pup tents and Pop-up tents. The company budgets $264,000 of overhead cost and 44,000 direct labor hours. Additional information follows. Per Unit Pup tent Selling Price $ 90 Direct Materials Direct Labor $ 23 $ 53 Pop-up tent 85 32 38 Activity Assembly Electricity Materials purchasing Total Budgeted Cost $ 176,000 26,000 62,000 $ 264,000 Activity Cost Driver Budgeted Activity Usage Direct labor hours (DLH) Machine hours (MH) Purchase orders (PO) 44,000 10,000 500 Required: 1. Compute an activity rate for each activity using activity-based costing. 2. The following actual activity usage produced 10,000 Pup tents and 8,000 Pop-up tents. Allocate overhead cost to Pup tents and to Pop-up tents and compute overhead cost per unit for each product. Activity Usage Activity Cost Driver Direct labor hours (DLH) Pup tents 31,000 Pop-up tents 13,000 Machine hours (MH) 4,000 Purchase orders (PO) 200 6,000 300 3. Compute product cost per unit for Pup tents and for Pop-up tents. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute an activity rate for each activity using activity-based costing. (Round "Activity Rate" to 2 decimal places.) Activity Assembly Electricity Materials purchasing Budgeted Cost Budgeted Activity Usage Activity Rate