Saved Activities Unit Level Batch Level Product Level Facility Level Cost $ 28,000 $15,170 $ 16,000 $247,000 Cost driver 1,480 labor hrs. 37 setups Percentage of use 13,000 units Production of 860 sets of cutting shears, one of the company's 20 products, took 170 labor hours and 6 setups and consumed 18 percent of the product-sustaining activities. Required a. Had the company used labor hours as a companywide allocation base, how much overhead would it have allocated to the cutting shears? b. How much overhead is allocated to the cutting shears using activity-based costing? c. Compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 860 units are produced. If direct product costs are $180 and the product is priced at 30 percent above cost for what price would the product sell under each allocation system? Complete this question by entering your answers in the tabs below. Reg A and B Reqc Compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 860 units are produced. If direct product costs are $180 and the product is priced at 30 percent above cost for what price would the product sell under each allocation system? (Round intermediate calculations and final answers to 2 decimal places.) Show less $ Allocated overhead Direct cost Total cost per unit Desired profit Sales price ABC Labor Hrs 29.16 $ 43.23 180.00 180.00 209.16 223.23 $ 209.16 5 223.23