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ces Exercise 17-15 (Algo) Computing activity rates, overhead allocation, and cost per unit LO P3 Lucern Company reports the following for its overhead cost for the year. Budgeted Activity Usage Budgeted Cost $ 38,500 46,800 70 design changes 3,600 machine hours 550 setups 66,000 Activity Engineering support Electricity Setup 1. Compute the activity rate for each activity using activity-based costing. 2. The company's Pro model used these activities to produce 1,700 units during the year: 2 design changes, 150 machine hours, and 10 setups. Allocate overhead cost to the Pro model and compute its overhead cost per unit using activity-based costing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the activity rate for each activity using activity-based costing. Budgeted Cost Budgeted Activity Usage Activity Engineering support Electricity Setup Activity Rate Exercise 17-15 (Algo) Computing activity rates, overhead allocation, and cost per unit LO P3 Lucern Company reports the following for its overhead cost for the year. Budgeted Activity Usage Budgeted Cost $ 38,500 46,800 66,000 70 design changes 3,600 machine hours 550 setups Activity Engineering support Electricity Setup 1. Compute the activity rate for each activity using activity-based costing. 2. The company's Pro model used these activities to produce 1,700 units during the year: 2 design changes, 150 machine hours, and 10 setups. Allocate overhead cost to the Pro model and compute its overhead cost per unit using activity-based costing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 The company's Pro model used these activities to produce 1,700 units during the year: 2 design changes, 150 machine hours, and 10 setups. Allocate overhead cost to the Pro model and compute its overhead cost per unit using activity-based costing. Activity Usage Activity Rate Activity Engineering support Electricity Setup Total allocated cost Units produced Overhead cost per unit Allocated Cost