$1$ TB Problem Qu$.17-239($Algo$)$ Computing overhead cost per unit using plantwide method and ABC.

A manufacturer reports the following for its two products:

Product $1$ and Product $2.$

Product $1$ requires $2$ direct labor hours per unit and Product $2$ requires $3$ direct labor hours per unit. The company budgets $5,475$ direct labor hours to be used, based on expected production of $2,100$ units of Product $1$ and $425$ units of Product $2.$

Enter answers in the tabs below.

Use activity$-$based costing to a$)$ compute overhead activity rates, and b$)$ allocate overhead cost to each product and compute overhead cost per unit for each product.