Please provide details as to how you get your Material, Labor, and Overhead costs for problem 1.

Puppy Corp. produces leashes for pet stuffed puppies. They make two models called Fifo and Lifo. Here is the relevant production information to help you account for the overhead costs: Fifo Lifo Output Volume 2,000 units 10,000 units Direct Labor Hours 1 hour per unit 3 hours per unit Number of Set Ups 40 100 Machine Hours 2,000 1,000 Engineering Hours 6,000 10,000 Raw Material Cost $ 8 per unit Direct Labor Cost (Workers are paid a wage rate of $15 per direct labor hour) $4 per unit Activity Center Overhead Costs Allocation Base (Cost Driver) Setting Up to Produce Polishing Engineering $ 2,800 $ 30,000 $191,200 Number of Setups Number of Machine Hours Number of Engineering Hours 1. If Puppy Corp. allocates all the overhead using a single rate on the basis of direct labor hours consumed by the two type of collars, determine the unit production cost of each type of collar. 2. If Puppy Corp. uses ABC to account for overhead using the three activity centers identified above, determine the unit production cost of each type of collar