17-4A (Static) Using departmental overhead rate method to compute overhead cost per unit, product cost per unit, and gross profit per unit LO P2 Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow. Department. Fabricating Assembly Budgeted Cost $ 100,000 75,000 Allocation Basel Machine hours (MH) Direct labor hours (DLH) Budgeted Usage 8,000 MH 1,500 DLH Required: 1. Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours to allocate budgeted Assembly costs. 2. The company reports the following actual production usage data. Compute the overhead cost per unit for each model. Machine hours per unit Direct labor hours per unit Voltage 2.0 MH 1.5 DLH EasyRider 3.0 MH 0.5 DLH 3. The company reports additional information below. For each model, compute the product cost per unit. Per Unit Voltage EasyRider Selling Price $260 150 Direct Materials $90 80 Direct Labor $45 15 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 21 Required 3 Required 4