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Sandstorm Manufacturing Inc. makes two types of industrial component partsthe LE100 and the UL600. It annually produces 120,000 units of LE100 and 25,000 units of UL600. The company's conventional cost system allocates manufacturing overhead to products using a plantwide overhead rate and direct labor dollars as the allocation base. Additional information relating to the company's two product lines is shown below: Direct materials $ Direct labor LE100 720,000 $ 240,000 UL600 Total 1,077,000 $ 357,000 $ $ 100,000 $ 340,000 The company is considering implementing an activity-based costing system that distributes all of its manufacturing overhead to four activities as shown below: Activity Cost Pool (and Activity Measure) Manufacturing Overhead Machining (machine-hours) $ Setups (setup hours) Product-level (number of products) General factory (direct labor dollars) 400,000 300,000 200,500 120,000 Total manufacturing overhead cost $ LE100 36,000 Activity UL600 135,000 Total 171,000 150 600 750 2 2 4 240,00 $ $100,000 $340,000 0 1,020,500 Required: 1-a. Compute the plantwide overhead rate that would be used in the company's conventional cost system.(Round your final answer to 2 decimal places.) Predetermined overhead rate $ per DL$ 1-b. Using the plantwide rate, compute the unit product cost for each product. (Round intermediate calculations and final answers to 2 decimal places.) LE100 Unit product cost UL600 $ $ 2-a. Compute the activity rate for each activity cost pool. (Round your final answers to 2 decimal places.) Activity Cost Pools Machining Setups Product-level General factory Activity Rate $ per MH $ per setup hr. $ per product $ per DL$ 2-b. Using the activity rates, compute the unit product cost for each product. (Round intermediate calculations and final answers to 2 decimal places.) LE100 Unit product cost UL600 $ $