QS $17-12($Static$)$ Allocating overhead cost using activity$-$based costing LO P$3$

Rand Company computed the following activity rates using activity$-$based costing.

$\backslash$table$[[$Activity$,$Activity Rate$],[$Setup$,$$$1,000$ per setup$],[$Materials handling,$$50$ per materials requisition$],[$Inspection$,$$$2$ per unit inspected$]]$

The company's deluxe model used the following activities to produce $1,000$ units.

Activity

Setup

Materials handling

Inspection

Actual Activity Usage

$3$ setups

$25$ materials requisitions

$1,000$ units inspected

Compute the overhead cost per unit for the deluxe model using activity$-$based costing.

$\backslash$table$[[$Activity$,,,,$Allocated Cost$],[$Setup$,,,,],[$Materials handling,,,,$],[$Inspection$,,,,],[$Total allocated cost,,,,$],[$Units produced,,,,$],[$Overhead cost per unit,,,,$]]$