Use the following information for the Quick Studies below. (Algo) Chan Company identified the following budgeted data for this year. The company manufactures two types of scooters: standard and fast. Activity Handling materials Quality inspection Purchasing Total Budgeted Overhead Cost $ 641,000 102,000 37,000 $780,000 Budgeted Activity 100,000 parts 1,500 inspections 1,000 orders QS 17-4 (Algo) Computing plantwide overhead rate LO P1 1. Compute a single plantwide overhead rate assuming that the company allocates overhead cost based on 10,000 budgeted direct labor hours. 2. The standard model uses 5 direct labor hours per unit, and the fast model uses 10 direct labor hours per unit. Compute overhead cost per unit for each model. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute a single plantwide overhead rate assuming that the company allocates overhead cost based on 10,000 budgeted direct labor hours. Numerator Denominator Require Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required The standard model uses 5 direct labor hours per unit, and the fast model uses 10 direct labor hours per unit. Compute overhead cost per unit for each model. Plantwide Direct Labor Overhead Rate Hours per Unit Overhead Cost per Unit Standard Fast Compute an overhead activity rate for each activity assuming the company uses activity-based costing (Round your answers to 2 decimal places.) Activity Activity Rate Budgeted Cost Budgeted Activity Usage Handling materials $ 641,000 Quality inspection 102,000 4 Purchasing 37,000 $ 780,000