Units produced per year rime costs Direct labor hours Machine hours "roduction runs nspection hours Maintenance hours Product-Related Data Scientific Business 77,000 770,000 $245,000 $2,450,000 98,500 985,000 54,500 545,000 100 150 2,000 3,000 2,250 9,000 Department Data Department 1 Department 2 72,200 98,500 170,700 26,300 886,500 912,800 Direct labor hours: Scientific calculator Business calculator Total Machine hours: Scientific calculator Business calculator Total verhead costs: Setup costs 26,500 445,200 471,700 28,000 99,800 127,800 $234,500 $234,500 Overhead costs: Setup costs Inspection costs Power Maintenance Total $234,500 190,000 258,000 197,000 $879,500 $234,500 190,000 157,000 275,500 $857,000 Required: 1. Compute the overhead cost per unit for each product using a plantwide, unit-based rate using direct labor hours. Round your calculations and answers to the nearest cent. Plantwide rate per direct labor hour Overhead cost per unit: Scientific per unit Business per unit 2. Compute the overhead cost per unit for each product using departmental rates. In calculating departmental rates, use machine hours for Department 1 and direct labor hours for Department 2. Round departmental rates and the overhead cost per unit to the nearest cent if rounding is required. Departmental rates: Department 1 per machine hour Department 2 per direct labor hour Overhead cost per unit: Scientific $ per unit Business per unit Repeat using direct labor hours for Department 1 and machine hours for Department 2. Round departmental rates and the overhead cost per unit to the nearest cent if rounding is required. Repeat using direct labor hours for Department 1 and machine hours for Department 2. Round departmental rates and the overhead cost per unit to the nearest cent if rounding is required. Departmental rates: I! Department 1 per direct labor hour Department 2 per machine hour Overhead cost per unit: Scientific per unit Business per unit 3. Compute the overhead cost per unit for each product using activity-based costing. Round your calculations and answers to the nearest cent. Overhead Cost Scientific per unit Business per unit 69 A