After reading an article about activitybased costing in a tradejournal for the furniture industry, Santana Rey decides to analyze overhead cost at Business Solutions In a recent month, Santana found that setup costs, inspection costs, and utility costs made up most of the company's overhead Additional information about overhead follows. Activity Budgeted Cost Budgeted Activity Usage Set up 3; 20,590 29 setups Inspection 4,800 4,800 parts inspected Utilities 9,600 4,800 machine hours (MH) Total. $ 34.990 The following data pertain to Job 615, Direct materials $ 2,100 Direct labor $ 3,800 Overhead $ Setups 6 setups Parts inspected 570 parts inspected Machine hours 700 machine hours Required: 1. Classify each ofthe three overhead activities as unit level, batch level, product level, or facility level. 2. Assume Business Solutions allocates overhead cost using a plantwide rate based on 4,800 machine hours. Compute total product cost of Job 615. 3. Assume Business Solutions uses activitybased costing. (a) Compute overhead activity rates. (b) Allocate overhead cost to Job 615. (6) Compute total product cost of Job 615' 0 Answer is complete but not entirely correct. Required 1 Required 2 Required 3 Assume Business Solutions allocates overhead cost using a plantwide rate based on 4,800 machine hours. Compute total product cost of Job 615. (Do not round intermediate calculations. Round "Overhead rate" to 2 decimal places. Round other answers to nearest whole number.)