Required A Required B How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total cost per unit produced for each product? (Round \"Total unit cost" to 2 decimal places.) Total overhead Total unit cost Required A Required B How much of the overhead will be assigned to each product if direct labor cost is used to allocate overhead? What is the total cost per unit produced for each product? (Round "Total unit cost" to 2 decimal places.) Total overhead Total unit cost Doaktown Products manufactures fishing equipment for recreational uses. The Miramichi plant produces the company's two versions of a special reel used for river shing. The two models are the M7008. a basic reel. and the M7123. a new and improved version. Cost accountants at company headquarters have prepared costs for the two reels for the most recent period. The plant manager is concerned. The cost report does not coincide with her intuition about the relative costs of the two models. She has asked you to review the cost accounting and help her prepare a response to headquarters. Manufacturing overhead is currently assigned to products based on their direct labor costs. For the most recent month. manufacturing overhead was $317,600. During that time. the company produced 14.100 units of the M7008 and 2300 units ofthe M7123. The direct costs of production were as follows. \"1-698 M-123 Total Direct materials $112,800 $ 92,000 $ 204,800 Direct labor 112,899 45, 999 158,899 Management determined that overhead costs are caused by three cost drivers. These drivers and their costs for last year were as follows. Activity Level Cost Driver Costs M008 M123 Total Number of machinehours $144,100 1,000 9,000 10,000 Number of production runs 80,000 10 30 40 Number of inspections 93,569 10 40 50 Total overhead $317,600 Required: a. low much overhead will be assigned to each product ifthese three cost drivers are used to allocate overhead? What is the total cost per unit produced for each product? b. low much of the overhead will be assigned to each product if direct labor cost is used to allocate overhead? What is the total cost per unit produced for each product