Question: Need answer to using exact numbers in problem. Hakara Company has been using direct labor costs as the basis for assigning overhead to its many

Need answer to using exact numbers in problem.

Need answer to using exact numbers in problem.
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 $27.90 per unit, while product B has been assigned $11.78 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 $ 258, 000 Setup hours 3 , 000 Materials handling 96 , 000 Pounds of materials 12, 000 Electric power 30, 000 Kilowatt-hours 30, 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 4, 000 10, 000 Direct materials cost $ 23, 000 $ 28, 000 Direct labor cost $ 40, 000 $ 32, 000 Number of setup hours 100 200 Pounds of materials used 1, 000 1, 000 Kilowatt-hours 2 , 000 4, 000 Required: 1. Use activity-based costing to determine a unit cost for each product. (Round your final answers to 2 decimal places.) Cost per Unit Product A Product B

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