FireOut Inc. manufactures steel cylinders and nozzles for two models of fire extinguishers: (1) e horne fire extinguisher and (2) a cornmercial fire extinguisher. The home model is a high-volumne (58,000 units), half-litre cylinder that holds 2.5 kilograms of multi-purpose cry chemical at 4B0 PSI (pounds per square inch). The commercial madel is a low-volume (16,780 unit), two-litre cylinder that halds 10 kilograms of multi-purpose dry chemical at 390 PSI. Both products require 1.25 hours af direct labour for completion. Therefore, total annual direct labour hours are 93,475 or 1.25 hrs. x 158,00 16,780). Estimated annual manufacturing overhead is $1,495,600. Thus, the predetermined overhead rate is $16.00 or 1,495,500 : 93,475) per direct labour hour. The direct materials cost per unit is $18.46 for the home model and $27.10 for the commercial model. The direct labour cost is $18.80 per unit for both the home and commercial models The company's managers Identified six activity cost pools and related cost drivers, and estimated averhead by cost pool as follows: Estimated Estimated Use Overhead of Cost Drivers Estimated Use of Drivers by Product Activity Cost Pools Cost Drivers Receiving Farming lissernbling Testing Painting Packing and shipping Kilograms Machine hours Number of parts Number of tests Litres Kilograms $67,600 150,500 391,200 51,300 54,600 777,100 $1,495,600 Home Commercial 338,000 216,000 122,000 35,000 27.000 9,000 219,000 166,000 53,000 27,000 17,000 10,000 6,000 4,000 2,000 338,000 216,000 122.000 Under traditional product costing, calculate the total unit cost of each product. Prepare a simple comparative schedule of the individual costs by product. (Round answers to 2 decimal places, e.g. 15.25.) Products Manufacturing Costs Home Model Commercial Model Direct materials Direct labour Overhead Tatal unit cost Under ABC, prepare a schedule showing the calculations of the activity-based averhead rates (per cust driver). (Round rate per cost driver to 2 decimal places, e.g. 15.25 and other answers to O decimal places e.g. 1525.) Cost Pool MOH Usage Rate Cost Drivers Receiving per kilograrn Forming per machine hr. Assembly per part Testing per test Painting per litre Packing and shippings per kilograrn Prepare a schedule assigning each activity's overhead cost pool to each product based on the use of cost drivers. (Round per unit cost to 2 decimal places Activity-based overhead applied Home Commercial Receiving-kilograms Forming-machine hours Assembly-number of parts Testing-number of tests Painting-litres Packing and shipping-kilograms Total overhead applied Total units produced Per unit overhead cost Calculate the total cost per unit for each product under ABC. (Round answers to 2 decimal places, e.g. 15.25.) Home Commercial Per unit costs Classify each of the activities as a value-added activity or a non-value-added activity. Receiving Forming Assembling Testing Painting Packing and shipping