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CoursHeroTranscribedText: Ex 9-38 and Ex 939 0 Saved Check my work mode :Thls shows what is correct or incorrect for the work you have completed 5- 2 Required information Upriver Part5 manufactures two products, V1 and V2, at its River Plant. Selected data for an average month for the two products follow. Part 2 of2 _ V-l v_2 Unite produced 10,006 1,000 Direct materials cost per unit 5 2 s 4 10 Machine hours per unit 1 2 pang Production runs per month an 40 Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant follow. Machine depreciation $ 96,000 Setup labor 42,000 Material handling 19,200 Total $157,200 Required: a. Compute the unit costs for the two products V1 and V2 using the current costing system at Upriver (using machine hours as the allocation basis). (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. Compute the unit costs for the two products V1 and V2 using the proposed ABC system at Upriver. {Do not round Intermediate calculations. Round your answers to 2 decimal places.) 9 Answer is complete but not entirely correct. u Using current costing system $ 2.00 o 4.00 a _ Using proposed ABC system 5 13.10 0 26.20 a