Exercise $4-3$ Compute ABC Product Costs $[$LO$4-3]$

Larner Corporation is a diversified manufacturer of industrial goods. The company's activity$-$based costing system contains the following six activity cost pools and activity rates:

$\backslash$table$[[\backslash$table$[[$Activity Cost$],[$Pool$]],$Activity Rates$],[$Labor$-$related,$$7\mathrm{.}00$ per direct labor$-],[\backslash$table$[[$Machine$-],[$related$]],$$$3\mathrm{.}00$ per machine$-$hour$],[\backslash$table$[[$Machine$],[$setups$]],$$$40\mathrm{.}00$ per setup$],[\backslash$table$[[$Production$],[$orders$]],$$$160\mathrm{.}00$ per order$],[\backslash$table$[[$Shipments$],[$General$],[$factory$]],\backslash$table$[[$$$120\mathrm{.}00$ per shipment$],[$$$4\mathrm{.}00$ per direct labor$-],[$hour$]]]]$

Cost and activity data have been supplied for the following products:

$\backslash$table$[[\backslash$table$[[$Direct materials cost per$],[$unit$],[$Direct labor cost per unit$],[$Number of units produced$],[$per year$]],\backslash$table$[[$$$6$