Right Manufacturing Company is manufactures three models of electric panels (Base, Mid-range and Top-notch) in a continuous production process. Right uses traditional overhead allocation method using a single allocation base - Machine hours. The projected total MOH costs for the year were estimated as $629,800 with an anticipated total machine hours 6,700 for the same period. The number of units produced and machine hours used by the three products are as follows: Product Models Units Produced Machine hours used Base 3,000 3750 Mid-range 1,500 2100 Top-notch 500 850 Required: Part A a) Calculate the MOH allocation rate based traditional allocation method. MOH allocation rate based traditional allocation method: per machine hour b) Determine the allocated MOH in total and per unit for each of the products in the table below: Allocated MOH Total Per unit Base Mid-range Top-notch Senior management has asked the controller to conduct an activity-based costing study. The controller identified the amount of factory overhead required by the critical manufacturing activities as follows: Activities Activity Cost Pool Activity Base Purchasing $29,000 Material order (MO) Setup $112,000 Setups Machining $268,000 Machine Hours (MH) Engineering $148,800 Engineering Hours (EH) Inspection $72,000 Inspection Hours (IH) $629,800 The activity-base usage quantities and units produced for the three products were determined from corporate records and are as follows: Product Models Number of Number of Number of Number of Number of Number of Material order (MO) Setups Machine Hours (MH) Engineering Hours (EH) Inspection Hours (IH) Units produced Base 300 100 3750 220 200 3,000 Mid-range 250 200 2100 180 160 1,500 Top-notch 250 100 850 200 140 500 Total 800 400 6,700 600 500 Required: Part B a) Determine the activity rate for each activity. Round all per unit amounts to the nearest cent. Activities Activity Cost Pool Total Number of Activity Base Activity rate Purchasing Material order (MO) Setup Setups Machining Machine Hours (MH) Engin