1 Vision Plus manufactures two types of TVs:an HD Tvanda SmartTV. Annual production is 20,000 units for the SmartTV and 50,000 units for the HDTV. Both products require two hours of direct labour for completion. Therefore, total annual direct labour hours are 140,000 or 2hrs x (20,000+50,000). Estimated annual manufacturing overhead is $980,000. Thus, the predetermined overhead rate is $7 or (980,000/140,000) per direct labour hour. The direct materials cost per unit 18 $11 for the HD model and $42 for the SMART model. The direct labour cost is $18 perunit for both the deluxe and the superior models. The company's managers identified six activity cost pools and related cost drivers, and estimated overhead by cost pool as follows: Activity Cost Pool Purchasing Receiving Assembling Testing Finishing Packing and shipping Cost Driver Orders Kilograms #of parts # of tests Units Kilograms Estimated Overhead $130,000 30.000 370,000 115,000 140,000 195.000 Estimated Use of Cost Drivers 500 20,000 74,000 23.000 70.000 78,000 Estimated Use of Drivers by Product HD SMART Model Model 150 350 4,000 16,000 20.000 54,000 10.000 13,000 20.000 50,000 17 000 61,000 $ 980,000 a. Under traditional product costing, calculate the totalunit cost of both products. Prepare a simple comparative schedule of the individual costs per product. b. Under ABC, prepare a schedule showing the calculations of the activity based costing overhead rates per cost driver) c. Prepare a schedule assigning each activity's overhead cost pool to each product based on the use of cost drivers. Include a calculation of overhead cost per unit rounding to the nearest cent) d. Calculate the total cost per unit for each product under ABC