Harrison Company makes two products and uses a conventional costing system in which a single plant-wide predetermined overhead rate is computed based...

Harrison Company makes two products and uses a conventional costing system in which a single plant-wide predetermined overhead rate is computed based on direct labor-hours. Data for the two products for the upcoming year follow: Rascon Parcel -------------------------------------------------------------------------------- These products are customized to some degree for specific customers. Requirement 1: The company's manufacturing overhead costs for the year are expected to be $576,000. Using the-company's conventional costing system, compute the unit product costs for the two products. (Do not round intermediate calculation. Round your final answers to 2 decimal places. Omit the "$" sign in your response.)Parcel $ Requirement 2: Management is considering an activity-based costing system in which half of the overhead would continue to be allocated on the basis of direct labor-hours and half would be allocated on the basis of engineering design time. This time is expected to be distributed as follows during the upcoming year: Rascon Parcel Total Engineering design time (in hours) 3,000 3,000 6,000 -------------------------------------------------------------------------------- Compute the unit product costs for the two products using the proposed ABC system. (Do not round intermediate calculation. Round your final answers to 2 decimal places. Omit the "$" sign in your response.)Parcel $