Question: I need help calculating simple cost allocation for plantwide overhead rate, allocated overhead rate, unit production cost, and gross profit per unit. Both models a

 I need help calculating simple cost allocation for plantwide overhead rate,I need help calculating simple cost allocation for plantwide overhead rate, allocated overhead rate, unit production cost, and gross profit per unit. Both models a and b. Please show steps. Thanks!

Excel File Edit View Insert Format Tools Data Window Help Home Insert Page Layout Formulas DataReview View Copy Paste BI Merge ' Format D21 Product Data Model A 30,000 Model B Units produced & sold 5 Sales Revenue Prime cost Direct Labor Hours l of Machine hours U of Set 51,500,000.00 $ 250,000.00 400,000 90,000 50 2,500,000.00 600,000 10,000 10 of Inspection runs 11of packing orders 2,400 120,000 0,000 12 Manufacturing 13 Overhead Costs: 160,000.00 315,000.00 220,000.00 Machinin 15 16 17 18 Inspection costs Packing Costs Total 19 20 1) Simple Cost Allocation 21Plantwide OH Rate Model B 23 Allocated OH 24 25 26 Unit Product Cost 27 28 29 0 Gross Profit per Unit 31 32 s Aactbvity Basved Costing Model B 36 Template Sheet3+ Ready

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