Using activity-based costing to allocate overhead cost, and compute overhead cost per unit and gross profit per unit

Tent Master produces Pup tents and Pop-up tents. The company budgets $252,000 of overhead cost and 42,000 direct labor hours. Additional information follows. Per Unit Pup tent Pop-up tent Selling Price Direct Materials $ 78 $ 20 73 25 Direct Labor S 45 30 Problem 17-3A (Static) Using activity-based costing to allocate overhead cost, and compute overhead cost per unit and gross profit per unit LO P3 Activity Assembly Electricity Materials purchasing Total Budgeted Cost $ 168,000 24,000 60,000 $ 252,000 Activity Cost Driver Direct labor hours (DLH) Machine hours (MH) Purchase orders (PO) Budgeted Activity Usage 42,000 10,000 400 Required: 1. Compute an activity rate for each activity using activity-based costing. 2. The following actual activity usage produced 10,000 Pup tents and 6,000 Pop-up tents. Allocate overhead cost to Pup tents and to Pop-up tents and compute overhead cost per unit for each product. Activity Usage Activity Cost Driver Pup tents Pop-up tents Direct labor hours (DLH) 30,000 12,000 Machine hours (MH) 4,000 6,000 Purchase orders (PO) 150 3. Compute product cost per unit for Pup tents and for Pop-up tents. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). 250 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute an activity rate for each activity using activity-based costing. (Round "Activity Rate" to 2 decimal places.)