PR $5-47,5-48($Static$)$ Use the following information for the Problems below.

$[$The following information applies to the questions displayed below.$]$

Kitchen King's Toledo plant manufactures three product lines, all multi$-$burner, ceramic cook tops. The plant's three product models are the Regular $($REG$),$ the Advanced $($ADV$),$ and the Gourmet $($GMT$).$ Until recently, the plant used a joborder product$-$costing system, with manufacturing overhead applied on the basis of direct$-$labor hours. The following table displays the basic data upon which the traditional costing system was based.

$\backslash$table$[[,$ADV,GMT$],[$Planned annual production:,,,,,$1,000,],[$Volume in units,$5,000,,4,000,$runs @ $100$ units,$20,$runs @ $50$ units$],[$Production runs,$40,$runs @ $125$ units,,runs @ $100$ units,$ $203,],[$Direct material,$ $129,,,,,(13$ hours @ $$19$ per$],[$Direct labor $($not including setup$),,(9$ hours @ $$19$ per hour$),$ $ $209,$per hour$),$$$.247,$hour$)],[$Machine hours $($MH$)$ per product unit,$10,$MH$,12,$MH$,17,$MH$],[$Total MH consumed by product line per year,$50,000,(10MH5,000),48,000,(12MH4,000),17,000,(17MH1,000)$