Chang Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products using a predetermined overhead rate based on direct labor-hours (DLHs). The company has two products, Plain and Fancy, about which it has provided the following data:

	Plain				Fancy
Direct materials per unit	$	25.30			$	60.10
Direct labor per unit	$	5.80			$	29.00
Direct labor-hours per unit		0.30				1.50
Annual production		40,000				20,000

The company's estimated total manufacturing overhead for the year is $1,281,000 and the company's estimated total direct labor-hours for the year is 42,000.

The company is considering using a variation of activity-based costing to determine its unit product costs for external reports. Data for this proposed activity-based costing system appear below:

Activities and Activity Measures	Estimated Overhead Cost
Supporting direct labor (DLHs)		$	588,000
Setting up machines (setups)			302,600
Parts administration (part types)			390,400
Total		$	1,281,000

	Expected Activity
	Plain		Fancy		Total
DLHs	12,000		30,000		42,000
Setups	1,240		985		2,225
Part types	656		320		976

The manufacturing overhead that would be applied to a unit of product Fancy under the activity-based costing system is closest to:

$70.20.

$22.73.

$30.50.

$9.15.