Exercise 5-10A (Algo) Computing product cost with given activity allocation rates LO 5-3 Rundle Manufacturing produces two keyboards, one for laptop computers and the other for desktop computers. The production process is automated, and the company has found activity-based costing useful in assigning overhead costs to its products. The company has identified five major activities involved in producing the keyboards. Activity Materials receiving & handling Production setup Quality inspection Assembly Packing and shipping Allocation Base Cost of material Number of setups Number of parts Inspection time Number of orders Allocation Rate 1% of material cost $104.00 per setup $ 6.00 per part $ 2.10 per minute $ 11.00 per order Activity measures for the two kinds of keyboards follow: Laptops Desktops Labor Cost $1,170 1,060 Material Cost $6,400 7,700 Number of Number of Inspection Setups 34 Parts 49 13 28 Time 7,200 min. 4,700 min. Number of Orders 67 16 Required a. Compute the cost per unit of laptop and desktop keyboards, assuming that Rundle made 280 units of each type of keyboard. (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Cost Per Unit Laptop keyboards $ Desktop keyboards $ 74.72 45.37