xercise $9-34$ and $9-35($Algo$)$ Skip to question $[$The following information applies to the questions displayed below.$]$ Benton Corporation manufactures computer microphones, which come in two models: Standard and Premium. Data for a representative quarter for the two models follow: $$StandardPremiumUnits produced$17,6004,400$Production runs per quarter$5025$Direct materials cost per unit$ $30$$ $64$Direct labor cost per unit$5075$ Manufacturing overhead in the plant has three main functions: supervision, setup labor, and incoming material inspection. Data on manufacturing overhead for a representative quarter follow: Supervision$ $363,000$Setup labor$422,400$Incoming inspection$303,600$Total overhead$ $1,089,000$ Exercise $9-35($algo$)$ Activity$-$Based Costing $($LO $9-4)$ Required: Compute the unit costs for the two products, Standard and Premium, using the current costing system at Benton $($using direct labor costs as the allocation basis for overhead$).$ Compute the unit costs for the two products, Standard and Premium, using the proposed ABC system at Benton. Note: For all requirements, do not round intermediate calculations. Round your answers to $2$ decimal places.

Exercise $9-34$ and $9-35($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Benton Corporation manufactures computer microphones, which come in two models: Standard and Premium. Data for a representative quarter for the two models follow:

Manufacturing overhead in the plant has three main functions: supervision, setup labor, and incoming material inspection. Data on manufacturing overhead for a representative quarter follow: equired:

Compute the unit costs for the two products, Standard and Premium, using the current costing system at Benton $($using direct labor costs as the allocation basis for overhead$).$

$..$ Compute the unit costs for the two products, Standard and Premium, using the proposed $\backslash ($ A B C $\backslash )$ system at Benton.

Note: For all requirements, do not round intermediate calculations. Round your answers to $\backslash (\backslash$mathbf$\{2\}\backslash )$ decimal places.

Answer is complete but not entirely correct.

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|\}$

$\backslash$hline $\backslash$multirow$[$t$]\{2\}\{*\}\{\}$ & $\backslash$multicolumn$\{4\}\{|$c$|\}\{$Unit cost$\}\backslash \backslash$

$\backslash$hline & $\backslash$multicolumn$\{2\}\{|$r$|\}\{$Standard$\}$ & $\backslash$multicolumn$\{2\}\{|$r$|\}\{$Premium$\}\backslash \backslash$

$\backslash$hline a$.$ Using current costing system & $\backslash$$ & $125\mathrm{.}00($ & $\backslash$$ & $206\mathrm{.}50\backslash \backslash$

$\backslash$hline b$.$ Using proposed ABC system & $\backslash$$ & $\backslash (126\mathrm{.}30\backslash$times $\backslash )$ & $\backslash$$ & $\backslash (201\mathrm{.}30\backslash$times $\backslash )\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$