7 Overhead allocation based solely on a measure of volume such as direct labor-hourse (a) is a key aspect of the activity-based costing model. (b) must be used for external financial reporting. + () will systematically over-cost low-volume products and under-cost high-volume products. (d) will systematically over-cost high-volume products and under-cost low-volume products. 34 Eddins Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product. Production volume 4,000 units 5,000 unitsee e Direct materials $89,200+ $111,500 e Direct labore $64,400 $80,5004 e Manufacturing overheade $292,8004 $314,500 The best estimate of the total variable manufacturing cost per unit is: (a) $21.70 (b) $60.10 (c) $88.40- (d) None of the above. Ott Worker recreational facilities is an example of a cost that would ordinarily be considered as: (a) Unit-level. (b) Batch-level. (c) Product-level. (d) Organization-sustaining. ->