5. Old'n'New (ON) is a well-established manufacturing company that produces vintage furniture. ON has used direct labor hours as the basis for allocating company-wide overhead for many years. However, given recent investments in manufacturing technologies, management feels that ABC costing would perhaps provide a more accurate assessment of the true price of the goods produced The following costs have been accumulated and corresponding drivers measured: Budgeted Actual Budgeted Actual Driver Driver Driver Driver Budgeted Actual Usage Usage Usage Usage Tables Depreciation Lathing Machine $40,000 $40,000 50,000 45,000 10,000 15,000 $50,000 $53,000 100,000 84.000 20,000 24.000 Cost Pool Driver Table hrs Direct production labor hrs Materials #of $120,000 $110,000 250 230 50 60 StoragerWages Handling Shipments Additionally, the following information is available relative to production levels: Ex Production Chairs Tables Actual Production 7,500 units 600 units 10,000 units 500 units What would be the per-unit overhead allocated to a chair produced by ON this period? What about a table? (NOTE: do not round intermediate calculations, round per-unit costs to the nearest cent.)