Topic: Application of ABC for Allocation of FOH Costs in Process Costing Type: FMB 25) Aunt's Fancy Cookie Company manufactures and sells three flavors of cookies: Macaroon, Sugar, and Buttercream. The batch size for the cookies is limited to 1,000 cookies based on the size of the ovens and cookie molds owned by the company. Based on budgetary projections, the information listed below is available: Total budgeted manufacturing overhead costs: $360,000 Total budgeted direct labor hours: ? (you can figure out based on information below) Projected sales in units Macaroon 500,000 Sugar 800,000 Buttercream 600,000 PER UNIT data: Selling price $0.80 $0.75 $0.60 Direct materials cost $0.20 $0.15 $0.14 Direct labor cost $0.04 $0.02 $0.02 Hours per 1000-unit batch: Direct labor hours 2 1 1 Oven hours 1 1 1 Packaging hours 0.5 0.5 0.5 Total overhead costs and activity levels for the year are estimated as follows: Overhead costs Activity Driver Activity Oven Packaging $210,000 oven hours $150,000 packaging hours $360,000 Compute the following total cost of manufacturing per unit of different cookies: Example of Answer: 0.55 or 0.50 Two decimal points, no comma, space, or $ sign) Cost of production per unit (not per batch) of Macaroon Cookie if factory overhead cost is allocated based upon a plant-wide overhead rate based on direct labor hours=[ ] Cost of production per unit of Sugar Cookie if factory overhead cost is allocated based upon a plant-wide overhead rate based on direct labor hours=[ Cost of production per unit of Buttercream Cookie if factory overhead cost is allocated based upon a plant-wide overhead rate based on direct labor hours [ ] Cost of production per unit of Macaroon Cookie if factory overhead cost is allocated based upon ABC=[] Cost of production per unit of Sugar Cookie if factory overhead cost is allocated based upon ABC=[ ] Cost of production per unit of Buttercream Cookie if factory overhead cost is allocated based upon [ ]