Problem 5 20 PointsLoin Cabinetry produces two models of home shelving the Basic-Super and the Mega-Super. Data on operations and costs for November are:Basic-Super Mega-Super TotalMachine hours 8000 4000 12000Direct labor hours 6000 4000 10000Units produced 1000 250 1250Direct material costs $20000 $ 7500 $27500Direct labor costs 129000 71000 200000Manufacturing overhead costs 348200Total costs $575700Required: Compute the predetermined overhead rate assuming Loin Cabinetry uses:(a) Direct labor hours to allocate overhead costs.(b) Direct labor costs to allocate overhead costs.(c) Machine hours to allocate overhead costs.(d) Compute the unit cost for each model under each overhead method.
