Under traditional product costing compute the total unit cost of each product. (Round answers to 2 decimal places, eg. 12.50.) Home Model Commercial Model Total unit cost $ e Textbook and Media Under ABC, prepare a schedule showing the computations of the activity-based overhead rates (per cost driver). (Round overhead rate to 2 decimal places, eg, 12.25.) Activity Cost Pool Estimated Overhead Estimated Use of Cost Drivers ActivityBased Overhead Rate Receiving $ Pounds $ per pound Forming Machine hours $ per mach hour Assembling Parts $ per part Testing Tests $ perto Painting Gallons $ per gallor Under ABC, prepare a schedule showing the computations of the activity-based overhead rates (per cost driver). (Round overhead rate to 2 decimal places, e.g. 12.25.) Activity Cost Pool Estimated Overhead Estimated Use of Cost Drivers Activity-Based Overhead Rate Receiving Pounds per pount Forming per Machine hours $ mach hour Assembling Parts $ per part Testing Tests $ $ pert Painting Gallons per gallor Packing and shipping Pounds $ per pouni $ Prepare a schedule assigning each activity's overhead cost pool to each product based on the use of cost drivers. (Round overhead cost per unit to 2 decimal places, eg. 12.25 and cost assigned to decimal places, eg. 2,500.) Activity Cost Pool Estimated Use of Drivers Home Model Activity-Based Overhead Rates Estimated Drivers Cost Assigned Receiving $ Forming $ Assembling $ I Testing $ Painting $ Packing and shipping $ Total costs assigned (a) Units produced (b) Overhead cost per unit [(a) (b)] Compute the total cost per unit for each product under ABC. (Round answer to 2 decimal places, eg. 12.25.) Home Model Commercial Model Total cost per unit $ $ e Textbook and Media Classify each of the activities as a value-added activity or a non-value-added activity, Activity Receiving Forming > Assembling C. Testing > Painting Packing and shipping