This problem was submitted already but the answer is incomplete. Kindly review this for me. Thanks!

Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow v-1 v-2 Units produced Direct materials cost per unit Machine hours per unit Production runs per month 10,000 $ 1,000 $ 4 1 2 80 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 Setup labor Material handling $48,000 22,800 15,360 Total $86,160 Required: a. Compute the unit costs for the two products V-1 and V-2 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 V-1 and V-2 using the proposed ABC system at Upriver. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant follow Machine depreciation Setup labor Material handling Total $48.000 22,800 15,360 $86,160 Required: a. Compute the unit costs for the two products V-1 and V-2 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 V-1 and V-2 using the proposed ABC system at Upriver. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Unit Cost - V1 V2 Using current costing system s 9.18 11.18 Using proposed ABC system s 880S 22.16