20. Jim Company uses activity-based costing to determine product costs, and one of the products produced by this company is the product P10. The company makes and sells 400 units of this product a year; these units require 650 machine hours, 100 orders, and 55 inspection hours. The direct labor cost is $17 per unit of the product P10, and its unit selling price of is $118 per unit. The product margin for the product P10 is $5,590. The information given in the below table is taken from the activity-based costing system of the company for all of its products. What is the amount of direct materials cost per unit of the product P10? *

$17.00 per unit

$21.47 per unit

$38.00 per unit

$49.03 per unit

None of the above

Activity Cost Pool Total Overhead Cost Activity Measure Machine Hours Orders Assembly Processing Orders Inspection $936,000 Total Activity 52,000 2,500 $112,500 Inspection Hours $186,000 3,000