Activity-based costs VG Company has identified the following cost pools and cost drivers: COST POOLS Machine setup

Activity-based costs VG Company has identified the following cost pools and cost drivers:

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COST POOLS Machine setup Materials handling Electric power ACTIVITY COSTS $360,000 100,000 40,000 COST DRIVERS 6,000 setup hours 50,000 pounds of material 80,000 kilowatt hours The following information pertains to the production of V203 and G179: ITEM V203 G179 Number of units produced 5,000 15,000 Direct materials cost $25,000 $33,000 Direct labor cost $14,000 $16,000 Number of setup hours 120 150 Pounds of material used 5,000 10,000 Kilowatt hours 2,000 3,000 Determine the unit cost for each of the two products using activity-based costing.