Question: I need help finding the cost per unit for product A & B, please. Hakara Company has been using direct labor costs as the basis

I need help finding the cost per unit for product A & B, please.

I need help finding the cost per unit for product
Hakara Company has been using direct labor costs as the basis for assigning overhead to its many products. Under this allocation system, product A has been assigned overhead of $24.08 per unit, while product B has been assigned $11.37 per unit. Management feels that an ABC system will provide a more accurate allocation of the overhead costs and has collected the following cost pool and cost driver information: Activity Driver Cost Pools Activity Costs Cost Drivers Consumption Machine setup $ 396,000 Setup hours 4, 000 Materials handling 120, 000 Pounds of materials 12,000 Electric power 38,000 Kilowatt-hours 38, 000 The following cost information pertains to the production of A and B, just two of Hakara's many products: A B Number of units produced 5, 000 10,000 Direct materials cost $ 25, 000 $ 34, 000 Direct labor cost $ 33,000 $ 28, 000 Number of setup hours 100 100 Pounds of materials used 2,000 1, 900 Kilowatt-hours 2, 090 2,000 Required: 1. Use activity-based costing to determine a unit cost for each product. (Round your final answers to 2 decimal places.)

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