Question 11, E5-23 (similar to) = Homework: Chapter 5 Homework HW Score: 77.21%, 23.16 of 30 points Save Part 1 of 7 Points: 0.53 of 2 1- Philip Company produces mathematical and financial calculators and operates at capacity. Data related to Requirements the two products are presented here. 1. Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead (Click the icon to view the data.) cost per unit for each product. 2. Compute the manufacturing cost per unit for each product. Total manufacturing overhead costs are as follows: V 3. How might Philip's managers use the new cost information from its activity-based costing system to better manage its business? X Data table X Data table Requ Mathematical Financial cost per unit fo Begin Annual production in units 50,000 125,000 Total Direct materials cost 175,000 $ 437,500 Machining costs $ 490,000 Direct manufacturing labor cost 75,000 $ 187,500 Mach Setup costs 135,000 Direct manufacturing labor-hours 3,000 7,500 Set u Inspection costs 120,000 Machine-hours 20,000 50,000 Inspe Number of production runs 50 50 Inspection-hours 1,000 500 Print Done Print Done Help me s Clear all Check answerQuestion 11, E5-23 (similar 1.0) HW Score: 77.21%, 23.16 of 30 points (0) _ Homework: Chapter 5 Homework Pan 1 on > @ Pains: 053 on; I9 Philip Company produces mathematical and nancial calculators and operates at capacity. Data related to Requirements \"'9 two products are presented here. 1. Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead (Click the icon to View the data.) cost per unit for each product 2. Compute the manufacturing cost per unit for each product 3. How might Philip's managers use the new cost information from its activity-based costing system to better manage its business? Total manufacturing overhead costs are as follows: 0 g (Click the icon to View the overhead costs ) Requirement1. Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead cost per unit for each product. "(I Begin by choosing a cost driver for each overhead cost pool. Activity Cost driver Rate XXI Machining Set up Inspection "x; "A 4 > Help me solve this Etex't pages Get more help