The answers with a red X are wrong

Duration-Based Costing Gee Manufacturing produces two models of camshafts used in the production of automobile engines: Regular and High Performance. Gee currently uses an ABC system to assign costs to the two products. For the coming year, the company has the following overhead activities, costs, and activity drivers: Activity Expected Cost Activity Driver Activity Capacity Setups Machining Moving Total OH At practical capacity, the expected activity demands for each product are as follows: $214,612 $420,000 $112,500 $747,112 Setup hours Machine hours Move hours 10,000 20,000 5,000 High Regular Performance Performance Units completed 30 Setup hours Machine hours Moving hours The production cycle time for the regular performance camshaft is 0.50 (hours per unit) and that of the high performance camshaft is 2.5 (hours per unit). Required Model 30,000 8,000 6,000 1,000 Model 8,000 2,000 14,000 4,000 1. Calculate the consumption ratios for each activity. Use these consumption ratios to assign the total overhead to each camshaft model and then calculate the overhead cost per unit for each model (round unit cost to two decimal places)