You are working in a manufacturing company that produces two types of products: Product Xtra and Product Yahoo. The company uses both the Functional and Activity-Based Costing (ABC) methods to allocate overhead costs. For the current Deriod. the combanv incurred the followina costs: The total estimated overhead costs for the year are $20,000. Total budgeted direct labor hours are totally 4,000 hours. For functional Overhead Rate, overhead costs are allocated based on the total direct labor costs. Required: 1. What is the predetermined overhead Rate for this company? 2. Under Functional method, what is the allocated overhead cost for Product Xtra? 3. Under Functional method, what is the allocated overhead cost for Product Yahoo? 4. Using the Functional method, what is the unit cost for Product Xtra? 5. Using the Functional method, what is the unit cost for Product Yahoo