Cabanos Company manufactures two products, Product C and Product D. The company estimated it would incur a total of $160,790 in manufacturing overhead costs during the current period. Overhead currently is applied to the products on the basis of direct labour-hours. Data concerning the current period's operations appear below: Product Product D Estimated volume 3,400 unit 4,800 units Direct labour-hours per unit 1.40 hour 1.90 hour Direct materials cost per unit $7.40 $12.70 Direct labour cost per unit $14.00 $19.00 a. Compute the predetermined overhead rate under the current method, and determine the unit product cost of each product for the current year. b. The company is considering using an activity-based costing system to compute unit product costs for external financial reports instead of its traditional system based on direct labour-hours. The activity-based costing system would use three activity cost pools. Data relating to these activities for the current period are given below: Activity Cost Pools Machine setups Purchase orders General factory Expected Activity Estimated Product C Product D Total $12,190 80 150 230 79,200 730 920 1,650 69,400 4,760 9,120 13,880 $160,790 Determine the unit product cost of each product for the current period using the activity-based costing approach