E:5: P:16 a single product called LEC 40. Then three years ago, the company automated a portion of Its plant and at the same time Introduced that has become Increasin labor time per unit to manufacture and extensive machining in the a 40 requires only 0.40 hours of direct labor time per unit and only a small amount of a second product called LEC 90 Is a more complex product, requiring 0.80 hours of direct utomated portion of the plant. The LEC gly popular. The LEC 90 i overhead costs are currently assigned to products on the basls of direct labor-hours. Despite the growing popularity of the company's new LEC 90, profits have been Management is beginning to belleve that the material and direct labor costs per unit are as follows: steadily re may be a problem with the company's costing system. Direct Direct materials Direct labor (?.40 hours and 0.80 hours @ $15.00 per hour) LEC 40 $30.00 6.00 LEC 90 $50.00 $12.00 Man current year and 60,000 units of the LEC 40 and 20,000 units of the LEC 90 will be produced and sold. t estimates that the company will incur $912.000 in manufacturing overhead costs during the value: 10.00 points Required that the company manufacturing overhead cost on the basis of direct labor-hours. (Round your answer to 2 decimal places.) per DLH