please give the formula explaination also.

Saved Activity Cost Pool Activity Rates Labour related $ 18. 00 per direct labour-hour Machine related 18. 00 per machine-hour Machine setups 50. 00 per setup Production orders 120.00 per order Shipments 18.00 per shipment General factory 38. 00 per direct labour-hour Cost and activity data have been supplied for the following products: K425 M67 Direct materials cost per unit $126.00 $212.00 Direct labour cost per unit $ 11. 50 $ 7. 20 Number of units produced per year 400 4, 000 Total Expected Activity K425 M67 Direct labour-hours 160 1, 000 Machine-hours 200 3, 000 Machine setups 3 6 Production orders 3 6 W Shipments 20 Required: Compute the unit product cost of each of the products listed above. (Round your answer K425 M67 Unit product cost