Required: 1. Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours allocate budgeted Assembly costs. 2. The company reports the following actual production usage data. Compute the overhead cost per unit for each model. Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labo hours to allocate budgeted Assembly costs. he company reports the following actual production usage data. Compute the overhead cost per unit for each model. (Round your "Hours p lecimal place and other answers to 2 decimal places.) The company reports additional information below. For each model, compute the product cost per unit. (Round your answers to 2 decimal places.) For each model, compute gross profit per unit (selling price per unit minus product cost per unit). (Round your answers to 2 decimal places.)