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Maglie Company manufactures two video game consoles handheld and home. The handheld consoles are smaller and less expensive than the home consoles. The company only recently began producing the home model. Since the introduction of the new product, profits have been steadily declining, Management believes that the accounting system is not accurately allocating costs to products, particularly because sales of the new product have been increasing Management has asked yol vestigate the cost allocation problem. You find that manufacturing overhead is currently assigned to products based on their direct labor costs. For your investigation, you have cota from last year Manufacturing overhead was $1,187,000 based on production of 300,000 handheld consoles and 11,000 home consoles Direct tabor and direct materials costs were as follows Handheld $1,094,750 746,000 Home $389,000 705,000 Total $1,483,750 1,445,000 Direct labor Materials Management has determined that overhead costs are caused by three cost drivers. These drivers and their costs for last year are as follows Activity Level Handheld Home 30 10 10 17 100 50 Total 40 27 150 Costs Assigned $ 500.000 432.000 195,000 51,187,000 Cost Driver Number of production runs Quality tests performed Shipping orders processed Total overhead Required: How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total * ULU Required: a. How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total cost per unit produced for each product? b. How much overhead will be assigned to each product if direct labor cost is used to allocate overhead? What is the total cost per unit produced for each product? Complete this question by entering your answers in the tabs below. Required A Required How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total cost per unit produced for each product? (Round "Total cost per unit to 2 decimal places) Total Cost per Overhead Unit Handheld Home Required B