Required information Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below.] Tent Master produces Pup tents and Pop-up tents. The company budgets $270,000 of overhead costs and 54,000 direct labor hours for this year. Additional information follows. Per Unit Pup tent Selling Price $ 84 Direct Materials $ 25 Pop-up tent 79 25 Direct Labor $ 47 32 Problem C-3A (Algo) Pricing analysis with activity-based costing LO P2 Budgeted Cost $ 162,000 Activity Cost Driver Direct labor hours Budgeted Activity Usage 54,000 36,000 72,000 Machine hours Purchase orders 10,000 600 Activity Assembly Electricity Materials purchasing Total $ 270,000 Required: 1. Compute an activity rate for each activity using activity-based costing. 2. The company used the activities below to produce 10,000 Pup tents and 6,000 Pop-up tents. Allocate overhead costs to Pup tents and to Pop-up tents and compute overhead cost per unit for each. Activity Cost Driver Direct labor hours Machine hours Purchase orders Activity Usage Pup tents 36,000 Pop-up tents 18,000 4,500 5,500 250 350 3. Compute product cost per unit for Pup tents and for Pop-up tents. 4. For each product, compute the selling price per unit minus the product cost per unit. Complete this question by entering your answers in the tabs below