The following information is provided for Ring Antenna Corp.. which manufactures two products: Lo-Gain antennas and Hi-Gain antennas for use E(Click the icon to view the information. remote areas. Ring Antenna plans to produce 50 Lo-Gain antennas and 400 Hi-Gain antennas. Read the requirements. Requirement 1.Compute the indirect menutacturing cost per u t using direct lebor hours. rthe single plentwide predetermined overhead allocation rate. First, compute the predetemined averhead (OH) allacation ratie. (Round your answer to the nearest cent) The predelemined overhead (OH) alocation rate is S d the indirect menufacturing cost per unit for Hi-Gain. (Round you Compune n the aearest ceat ated to Lo-Gain entennas, and then oompute the indirect manufacturing cost per unit for Lo-Gain antennas. Next, compure t manufacturing cost allocated to H-Gain antennas e Lo-Gain Hi-Gain Total indirect oosts allocated Nurber of units Indirect coet ner unit Requirement 2. Compute the ABC indirect manufacluring coet per unit for each producl reach actvity. (Abbreviation used: Qty Quantty. Round your ellocation rate to the nearest cent.) Becin by selecting the formuls to calculste the predetermined overheed (OH) allocation rate, Then enter the amounts to compute allocation rate Predetermined OH alocation rato Setup Mechine maintenance Next, sclect th formula to alocate ovarhead (OH) casts Allocated mfg. qvertead ensds cost per unit for Hi-Gain antennas. (Round the cost per unit Compute the total activty-based costs allocated to Lo-Gain antennas, and then compute the cost per unit for Lo-Gain antennas. Finally, compute the total activity-based costs alocated to HI-Gain antennes, then compute 1 the nearest cent) Lo-Galn Hi-Gain Setue Machine maintenancer Total activity-based casts Number of units Activity-based cost per unit Allocation Base Activity Cost 51,000 Number of setups Setup 42,000 Number of machine hours Machine maintenance 93,000 Total indirect manufacturing costs Total Lo-Gain Hi-Gain Direct labor hours 1,800 4,200 6,000 Number of setups 20 20 40 4,500 Number of machine hours 3,000 7,500