ABC, process costing. Parker Company produces two products and operates at capacity. Data related to the two products are presented here: Annual production in units Direct material costs Direct manufacturing labor costs Direct manufacturing labor-hours Machine-hours Number of production runs Inspection hours Product A 120000 480000 1500000 10000 80000 120 3000 Product B 240000 960000 300000 20000 160000 30 1500 Total manufacturing overhead costs are as follows: Assembly costs Setup costs Inspection costs 1440000 300000 270000 Cost Driver Direct manufacturing labor-hours Number of production runs Inspection hours 1. Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead cost per unit for each product. (80 marks) 2. Compute the manufacturing cost per unit for each product.( 20 Marks)