I. Computing Overhead using Activity Based Costing. Use the information below and apply Activity Based Costing to find the overhead cost per unit for each product.Company A: Estimated Annual Overhead: $1,220,000Overhead Allocated to Cost Pools: Machine Setups: 24%; Machining: 58%; Inspections: 18%

Activity Cost Pools	Cost Drivers	Overhead Allocated to Cost Pools	Expected Use of Drivers	Overhead Rate per Driver
Machine Setups	# of Setups		6,000
Machining	Machine Hours		40,000
Inspections	# of Inspections		7,500

Cost Drivers	Use of Drivers Product XYZ	Use of Drivers Product ABC	Overhead Allocated to Product XYZ	Overhead Allocated to Product ABC
# of Setups	3200	2800
Machine Hours	28,500	11,500
# of Inspections	3,400	4,100
Total Overhead Applied to Products

Units Produced: Product XYZ: 75,000; Product ABC: 200,000

Overhead Cost per Unit: Product XYZ ____________________ Product ABC ___________________