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Wess Company has limited capacity and can produce either its standerd product or its deluxe product. Additional information follows. 1. Using a single plantwide rate,

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Wess Company has limited capacity and can produce either its standerd product or its deluxe product. Additional information follows. 1. Using a single plantwide rate, the company computes overhead cost per unit of $17 for the standard model and $22 for the deluxe model. Which model should the company produce? Hint Compute product cost per unit and compare that with selling price to get gross profit per unit. 2. Using activity-based costing. the company computes overhead cost per unit of $3 for the standard model and $44 for the delixe. model Which model should the company produce? Hint Compute product cost per unit and compare that with selling pnce per unit to get gioss profit per unit Complete this question by entering your answers in the tabs below. Using a single plantwide rate, the company computes overhead cost per unit of $17 for the standard model and $22 for the deluxe model. Which model should the company produce? Hint: Compute product cost per unit and compare that with selling price to get gross profit per unit. (A negative gross prolit should be indicated with a minus sign.) Complete this question by entering your answers in the tobs below. Using activity-based costing, the company computes overhead cost per unit of $3 for the standard model and $44 for the deluxe: model. Which model should the company produce? Hint: Compute product cost per unit and compare that with selling price par unit to get gross profit per unit

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