Required: 1. Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours to allocate budgeted Assembly costs. 2. The company reports the following actual production usage data. Compute the overhead cost per unit for each model. 3. The company reports additional information below. For each model, compute the product cost per unit. 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit): Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and hours to allocate budgeted Assembly costs. Complete this question by entering your ans Compute departmental overhead rates using (a) m hours to allocate budgeted Assembly costs. Complete this question by entering you Compute departmental overhead rates using hours to allocate budgeted Assembly costs. Complete this question by entering your answers in the tabs below. The company reports the following actual production usage data. Compute the overhead cost per unit for each model. (Round your "Hours per un decimal place and other answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. The company reports additional information below. For each model, compute the product cost per unit. (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). (Round your answers to 2 decimal places.)