abled: QUIZ CH5_7 Save Help Save & Eat Su Papato Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total Coat Total Activity Assembly $ 907,500 55,000 machine-hours Processing orders $ 64,430 1,700 orders Inspection $ 102,465 1,350 inspection-hours Data concerning the company's product 079Y appear below. Annual unit production and sales 650 Annual machine-hours 1,050 Annual number of orders 75 Annual inspection hours 15 Direct materials cost $ 50.00 per unit Direct labor cost $ 41.15 per unit According to the activity-based costing system, the average cost of product 079Y is closest to: Multiple Choice