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Northwest Company produces two types of glass shelving: rounded edge and squared edge. The company reports the following cost data. Direct materials Direct labor Overhead (using plantwide rate) Total product cost Units produced Product cost per unit Activity Purchasing Depreciation of machinery Rounded Edge Squared Edge $ 41,400 $ 53,400 13,800 48,000 35,600 90,400 $ 103,200 13,800 $ 7.48 $ 179,400 17,800 $ 10.08 Northwest's controller wants to apply activity-based costing to allocate the $138,400 of overhead cost to the two products to see whether product cost per unit would change markedly from that above. The company's budgeted activity usage equals its actual activity usage for the period. The following additional information is collected. Setup Total Total $ 94,800 49,400 138,400 $ 282,600 Budgeted Cost $ 7,300 71,800 59,300 $ 138,400 Activity Cost Driver Purchase orders Machine hours Setups Rounded Edge 204 orders 500 hours 40 setups Required: 1. Compute the activity rate for each activity using activity-based costing. 2. Compute overhead cost per unit for each of the two products using activity-based costing. 3. Determine product cost per unit for each of the two products using activity-based costing. Activity Usage Squared Edge 526 orders 1,500 hours 210 setups Total 730 orders 2,000 hours 250 setups

Compute the activity rate for each [activity using activity-based costing. (Round "Activity rate" to 2 decimal places.) Northwest Company produces two types of glass shelving: rounded edge and squared edge. The company reports the following cost data. Northwest's controller wants to apply activity-based costing to allocate the $138,400 of overhead cost to the two products to see whether product cost per unit would change markedly from that above. The company's budgeted activity usage equals its actual activity usage for the period. The following additional information is collected. Required: 1. Compute the activity rate for each activity using activity-based costing. 2. Compute overhead cost per unit for each of the two products using activity-based costing. 3. Determine product cost per unit for each of the two products using activity-based costing. Complete this question by entering your answers in the tabs below. Determine product cost per unit for each of the two products using activity-based costing. (Round intermediate caiculations and final answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Compute overhead cost per unit for each of the two products using activity-based costing. (Round "Activity Rate places and other answers to the nearest whole dollar amount.)

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