Computing ABC Product Costs [LO1 - CC2; L02 - 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 Activity Rates Labour related $ 18.00 per direct labour-hour Machine related 18.00 per machine-hour Machine setups 50.00 per setup Production orders 120.00 per order Shipments 18.00 per shipment General factory 38.00 per direct labour-hour Cost and activity data have been supplied for the following products: K425 Direct materials cost per unit M67 $126.00 $212.00 Direct labour cost per unit $11.50 $7.20 Number of units produced per year 400 4.000 Total Expected Activity K425 M67 Direct labour-hours 160 1,000 Machine-hours 200 3,000 Machine setups 3 6 Production orders 6 Shipments 20 Required: Compute the unit product cost of each of the products listed above