What is the predetermined overhead rate under the traditional costing system?What is the overhead cost per unit of Product B under the traditional costing system?What is the predetermined overhead rate (i.e., activity rate) for Activity 1 under the activity-based costing system?

Acton Company has two products: A and B. The annual production and sales of Product A is 800 units and of Product B is 500 units. The company has traditionally used direct labour hours as the basis for applying all manufacturing overhead to products. Product A requires 0.3 direct labour hours per unit, and Product B requires 0.2 direct labour hours per unit. The total estimated overhead for next period is $92,023. The company is considering switching to an activity-based costing system for the purpose of computing unit product costs for external reports. The new activity-based costing system would have three overhead activity cost pools-Activity 1, Activity 2, and General Factory-with estimated overhead costs and expected activity as follows: Estimated Activity Overhead Expected Activity. Cost Pool Costs Product A Product B Total Activity 1 $14,487 500 600 1,100 Activity 2 $64,800 2,500 500 3,000 General Factory $12,736 240 100 340 Total $92.023