10. APC Electronics uses an activity-based costing system for allocating overheads to products. The production manager has identified four activities involved in production. These activities and their overhead application rates are: Activity Application rate $80 per setup Machine setups $0.20 per part Fabrication Assembly $6.20 per direct labour hour $8 per unit Packing During the year, the company produced 300 Clarion monitors. Production of these monitors used 12 setups, 5,400 parts and 450 direct labour hours in the assembly department. What is the cost of overhead applied to each Clarion monitor? Show all the workings in your answers. (6 marks)