the management of Firebolt Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication and Assembly. Management nee product cost information in order to guide product strategy. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the tw However, management is considering the multiple production department factory overhead rate method. The following factory overhead was budgeted for Firebolt: Fabrication Department factory overhead 1 Assembly Department factory overhead $455,000.00 286,200.00 Total $741,200.00 Direct tabor hours were estimated as follows: Fabrication Department 4.550 hours Assembly Department 5.400 Total 1.950 hours in the In addition, the direct labor hours (dlh) used to produce a unit of each product in each department were determined from engineer Production Departments Gasoline Engine Diesel Engine Fabrication Department 2.9 dih 2.2 dlh Assembly Department 2.2 2.9 Direct labor hours per unit 5.1 din 5.1 dih Required: a. Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the single plantwide factory overhe using direct labor hours as the activity base." b. Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the multiple production department overhead rate method, using direct labor hours as the activity base for each department. c. (1) Recommend to management a product costing approach, based on your analyses in (a) and (b). (2) Give a reason for your "If required, round all per-unit answers to the nearest cent. 2. Determine the per unit factory overhead allocated to the gasoline and diesel engines under the single plantwide factory overhead rate method, using direct labor hours as the activity base. It required, round all per-direct labor hours and per unit answers to the nearest cent perunt Gasoline engines Diesel engine per unit b. Deformine the per-unit (actory overhead allocated to the gasoline and diesel engines under the murple production department factory overhead rate method, using direct labor hours as the activity base for each department required, round al per-unit answers to the nearest omt. per unit Gasoline engine Diesel engine per unit