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Zeus Industries manufactures two types of electrical power units, custom and standard, which involve four factory overhead activities-production setup, procurement, quality control, and materials management. An activity analysis of the overhead revealed the following estimated activity costs and activity bases for these activities: Activity Activity Cost Activity Base Production setup Procurement $ 78,000 Number of setups Number of purchase orders 93,500 (PO) 136,000 Number of inspections Quality control Materials 102,500 Number of components management Total $410,000 The activity-base usage quantities for each product are as follows: Purchase Setups Inspections Components Unit Volume Orders Custom 350 700 1,400 300 2,000 Standard 250 150 300 200 2,000 Total 600 850 1,700 500 4,000 a. Determine an activity rate for each activity. Procurement Quality Control Materials Management Activity Rates Production Setup Activity cost $ $ $ $ Activity base /PO $ Activity rate /setup $ /inspection $ /component b. Assign activity costs to each product and determine the unit activity cost, using the activity rates from part (a). Round unit costs to the nearest cent. atom Standard Custom Standard Setups Total $ Purchase Orders Tota Accounting numeric field Inspections Total Components Total Total product cost Unit volume Unit cost $ c. Assume that each product required one direct labor hour per unit. Determine the per-unit cost if factory overhead is allocated on the basis of direct labor hours. Round your answer to the nearest cent. $ per unit d. The custom product will consume materials management activities than will the standard product

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