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 cost and 54,000 direct labor hours. Additional information follows. Problem 17-2A (Algo) Using plantwide overhead rate to allocate overhead cost, and compute overhead cost per unit and gross profit per unit LO P1 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 54,000 direct labor hours. 2. Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit Compute the overhead cost per unit for each product. 3. Compute the product cost per unit for each product. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). \begin{tabular}{|l|l|l|l|} \hline Required 1 & Required 2 & Required 3 & Required 4 \\ \hline \end{tabular} Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 54,000 direct labor hours. \begin{tabular}{|l|c|c|c|} \hline Numerator & Total budgeted overhead cost & & \\ \hline Denominator & & & \\ \hline per direct labor hour \\ \hline \end{tabular} Complete this question by entering your answers in the tabs below. Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product. Compute the product cost per unit for each product. For each product, compute the gross profit per unit (selling price per unit minus the costs in excess of selling prices as negative values.)