On january 1, 2021, the highlands company began construction on a new manufacturing facility for its own use. the building was completed in 2022. the company borrowed $2,150,000 at 9% on january 1 to finance the construction. in addition to the construction loan, highlands had the following debt outstanding throughout 2021: s5,000,000,12% bonds $3.000.000,8% long-term note construction expenditures incurred during 2018 were as follows: january 1 6,000,000$march 31 12,000,000$june 30 8,000,000septernber 30 6,000,000december 31 4,000,000required: calculate the amount of interest capitalized for 2018 using the specific interest method.

Laval produces lamps and home lighting fixtures. its most popular product is a brushed aluminum desk lamp. this lamp is made from components shaped in the fabricating department and assembled in the assembly department. information related to the 22,000 desk lamps produced annually follows.direct materials $280,000direct labor fabricating department (8,000 dlh × $24 per dlh) $192,000assembly department (16,600 dlh × $26 per dlh) $431,600machine hours fabricating department $15,200mhassembly department $20,850mhexpected overhead cost and related data for the two production departments follow.fabricating assemblydirect labor hours 150,000dlh 295,000dlhmachine hours 161,000mh 128,000mhoverhead cost $400,000 430,000required1. determine the plantwide overhead rate for laval using direct labor hours as a base.2. determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate.3. compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.4. use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.