Arntson, Inc., manufactures and sells two products Product R3 and Product NO. The annual production and sales of Product of 300 units and of Product NO is 500 units Data concerning the expected production of each product and the expected total de labor hours (DHS) required to produce that output appear below Expected Production 1.100 500 Direct Labor Hours Per Unit 10. 5.0 Total Direct Labor Hours 11,000 2. See Product 3 Product NO Total direct labor hours 13,500 The direct labor rates $2400 per DLH. The direct materials cost per unit is $276.00 for Product R3 and 526600 for Product NO The company is considering adopting an activity based costing system with the following activity cost pools, activity measures, and expected activity Expected Activity Activity Measures DLHS orders Activity Cost Pools Labor-related Production orders Order size Estimated Overhead Cost $ 40,436 61,400 432.375 $534,711 Product No 2,500 Product R3 11,000 1.200 3.100 Total 13,500 1,700 6.600 3.500 The unit product cost of Product R3 under activity based costing is closest to (Round your intermediate calculations to 2 decimales) Prev