2. Techno Incorporated manufactures two models of cameras that can be used as cell phones, MPX, and digital camcorders. Model Annual Sales in Units High F 11,400 Great P 17,480 Techno uses a volume-based costing system to apply factory overhead based on direct labor dollars. The unit prime costs of each product were as follows: 014 points awarded Scored Direct materials Direct labor High F $ 39.40 $ 19.00 Great P $ 26.80 $ 14.60 eBook Budget factory overhead: Engineering and Design Quality Control Machinery Miscellaneous Overhead Total 2,680 13,110 33,990 26,670 engineering hours inspection hours machine hours direct labor hours $ 482,400 324,500 587,900 186, 160 $ 1,420,960 Techno's controller had been researching activity-based costing and decided to switch to It. A special study determined Techno's two products have the following budgeted activities: High F Great P Engineering and design hours 1,100 1,580 Quality control inspection hours 5,780 7,330 Machine hours 20,420 13,570 Labor hours 12,140 14,530 Using the firm's volume-based costing, applied factory overhead per unit for the High F model is: (Rounded to the nearest cent.) Multiple Choice $57.36 $60.35 $46.33. $44.08