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Product-Costing Accuracy, Plantwide and Departmental Rates, ABC Escuha Company produces two type of calculators: scientific and business. Both products pass through two producing departments. The business calculator is by far the most popular. The following data have been gathered for these two products: Product-Related Data Scientific Business Units produced per year 75,000 750,000 Prime costs $250,000 $2,500,000 Direct labor hours 102,400 1,024,000 Machine hours 52,600 526,000 Production runs 100 150 Inspection hours 2,000 3,000 Maintenance hours 2,250 9,000 Department Data Department 1 Department 2 Direct labor hours: Scientific calculator 76,100 26,300 Business calculator 122,880 901,120 Total 198,980 927,420 Machine hours: Scientific calculator 25,200 27,400 Business calculator 378,000 148,000 Total 403,200 175,400 Overhead costs: Setup costs $235,000 $235,000 Inspection costs 190,000 190,000 Power 247,000 146,000 Maintenance 218,000 209,500 Total $890,000 $780,500 Required: 1. Compute the overhead cost per unit for each product using a plantwide, unit-based rate using direct labor hours. Round your calculations and answers to the nearest cent. Plantwide rate $fill in the blank 1 per direct labor hour Overhead cost per unit: Scientific $fill in the blank 2 per unit Business $fill in the blank 3 per unit 2. Compute the overhead cost per unit for each product using departmental rates. In calculating departmental rates, use machine hours for Department 1 and direct labor hours for Department 2. Round departmental rates and the overhead cost per unit to the nearest cent if rounding is required. Departmental rates: Department 1 $fill in the blank 4 per machine hour Department 2 $fill in the blank 5 per direct labor hour Overhead cost per unit: Scientific $fill in the blank 6 per unit Business $fill in the blank 7 per unit Repeat using direct labor hours for Department 1 and machine hours for Department 2. Round departmental rates and the overhead cost per unit to the nearest cent if rounding is required. Departmental rates: Department 1 $fill in the blank 8 4.04 per direct labor hour Department 2 $fill in the blank 9 per machine hour Overhead cost per unit: Scientific $fill in the blank 10 per unit Business $fill in the blank 11 per unit 3. Compute the overhead cost per unit for each product using activity-based costing. Round your calculations and answers to the nearest cent. Overhead Cost Scientific $fill in the blank 12 per unit Business $fill in the blank 13 per unit Feedback Area

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