7) Gradwell Inc, manufactures and sells two products: Product KS and Product 14. Data concerning 7) the expested production of each product and the expected total direct labor-hours (DLHs) requiresd produce that output appear below: Direct Labor-Hours Per Unit 5.0 3.0 Total Direct Labor-Hours Expected Production 300 900 1,500 Product K8 Product 14 Total direct laborhours 4,200 The direct labor rate is $17.20 per DLH. The direct materials cost per unit for each product is below: Direct Materials Cost per Unit Product K8 Product 14 $ 150.20 $ 243.70 The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity Estimated Overhead Cost Activity Cost Pools Activity Measures Expected Activity Labor-related Machine setups Order size DLHs setups MHs S 176,064 71,290 121,396 $ 368,750 1,500 400 4,300 2,700 4,200 600 1,000 4,600 8,900 The overhead applied to each unit of Product 14 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) A) $307.29 per unit C) $69.72 per unit B) $243.00 per unit D) $263.40 per unit 8) Frankin Corporation has provided the following data concerning last month's operations 8) Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor cost Manufacturing overhead applied to Work in Process s 26,000 $ 6,000 S 58,000 $ 97,000 Raw materials inventory Work in process inventory S 11,000 $ 52,000 $ 17,000 $ 66,000 How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods D) $169,000 Manufactured? A) $155,000 B) $221,000 C) $175,000