BRIEF EXERCISE 5-3 Computing ABC Product Costs [LO1-CC2; LO2 - CC3, 6, 7] Klumper Corporation is a diversified manufacturer of industrial goods. The company's ABC system has the following six activity cost pools and activity rates: Activity Cost Pool Labour related Machine related Machine setups Production orders Shipments General factory Activity Rates $ 18.00 per direct labour-hour 18.00 per machine-hour 50.00 per setup 120.00 per order 18.00 per shipment 38.00 per direct labour-hour Cost and activity data have been supplied for the following products: K425 M67 Direct materials cost per unit $126.00 $212.00 Direct labour cost per unit $7,20 $4.50 Number of units produced per year 400 4,000