Management has asked you to investigate the cost allocation problem. You find that manufacturing overhead is currently assigned to products based on their direct labor costs. For your investigation, you have data from last year. Manufacturing overhead was $1,426,000 based on production of 290,000 handheld consoles and 86,000 home consoles. Direct labor and direct materials costs were as follows. Direct labor Materials Handheld $1,379,500 770,000 Home $403,000 662,000 Total $1,782,500 1,432,000 Management has determined that overhead costs are caused by three cost drivers. These drivers and their costs for last year are as follows. Cost Driver Number of production runs. Quality tests performed: Shipping orders processed Total overhead Activity Level Costs Assigned Handheld Home Total $ 650,000 620,000 156,000 $1,426,000 328 40 10 50 13 18 31 90 40 130 Required: 6. How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total cost per unit produced for each product? b. How much overhead will be assigned to each product if direct labor cost is used to allocate overhead? What is the total cost per unit produced for each product?