can i get help with problem P4-3B

2 4 Activity-Based Costing controller to prepare an es the following Before finalizing its decision, management asks Kinnard analysis using activity-based costing (ABC). The controller accumulat information about overhead for the year ended December 31, 2017 Expected Activity- Based Overhead Rate $31 29 31 89 Use of Cost Estimated Overhead $ 775,000 Drivers ActivityCost Driver Number of orders Machine setups Number of setups 580,000 25,000 20,000 3, 100,000 100,000 5,000 Purchasing Machining Quality control Machine hours Number of inspections 445,000 The cost drivers used for each product were: Purchase orders 11,250 Machine setups 11,000 40,000 2,750 Cost Driver ElitePreferred Total 25,000 20,000 100,000 5,000 13,750 9,000 60,000 2,250 Machine hours Inspections Instructions (a) Assign the total 2017 manufacturing overhead costs to the two products using (a) Elite $2,152,500 activity-based costing (ABC) and determine the overhead cost per unit. (b) Costunit-Elite $807.63 (b) What was the cost per unit and gross profit of each model using ABC costing? Are management's future plans for the two models sound? Explain. c) ium, wood armoires for