Tent Master produces Pup tents and Pop-up tents. The company budgets $276,000 of overhead costs and 46,000 direct labor hours for this year. Additional information follows.

Per Unit	Selling Price	Direct Materials	Direct Labor
Pup tent	$ 90	$ 24	$ 51
Pop-up tent	85	29	32

Activity	Budgeted Cost	Activity Cost Driver	Budgeted Activity Usage
Assembly	$ 184,000	Direct labor hours	46,000
Electricity	28,000	Machine hours	10,000
Materials purchasing	64,000	Purchase orders	500
Total	$ 276,000

Required: 1. Compute an activity rate for each activity using activity-based costing. 2. The company used the activities below to produce 10,000 Pup tents and 5,000 Pop-up tents. Allocate overhead costs to Pup tents and to Pop-up tents and compute overhead cost per unit for each.

Activity Cost Driver	Activity Usage
	Pup tents	Pop-up tents
Direct labor hours	32,000	14,000
Machine hours	3,500	6,500
Purchase orders	200	300

3. Compute product cost per unit for Pup tents and for Pop-up tents. 4. For each product, compute the selling price per unit minus the product cost per unit.

Compute an activity rate for each activity using activity-based costing. (Round "Activity rate" to 2 decimal places.) The company used the activities below to produce 10,000 Pup tents and 5,000 Pop-up tents. Allocate overhead costs to Pup tents and to Pop-up tents and compute overhead cost per unit for each. (Round "Activity rate" and "Overhead per unit" to 2 decimal places.) Compute product cost per unit for Pup tents and for Pop-up tents. (Round "Activity Rate" and final answers to 2 decimal places.) For each product, compute the selling price per unit minus the product cost per unit. (Round "Activity Rate" and final answers to 2 decimal places. Enter any product costs in excess of selling prices as negative values.)