2. Counter Co. (Counter) incurs $160,000 of overhead costs every year in performing three main activities, as follows:

Setup	$ 10,000
Machining	$110,000
Packing	$ 40,000

Every year, Counter has 40 setups, uses 5,000 machining hours, and completes 500 orders. Information about two of Counters products for the current year is as follows:

	Product N	Product W
Number of setups	5	20
Machining hours	300	4,000
Orders packed	75	350
Number of units manufactured	600	400

Counter uses activity-based costing to assign overhead to products.

Required:

Calculate the overhead that Counter should assign to one unit of Product W in the current year. (4 marks)