Cosgrove Company manufactures two products, Product K-7 and Product L-15. Product L-15 is of fairly recent origin, having been developed as an attempt to enter a market closely related to that of Product K-7. Product L-15 is the more complex of the two products, requiring 2.0 hours of direct labor time per unit to manufacture compared to 1.0 hour of direct labor time for Product K-7. Product L-15 is produced on an automated production line. Overhead currently is applied to the products on the basis of direct tabor hours. The company estimated it would incur exist510,000 in manufacturing overhead costs and produce 40,000 units of Product K-7 and 10,000 units of Product L-15 during the current year. Unit costs for materials and labor are: The company is considering the use of activity-based costing as an alternative to its traditional costing method for manufacturing overhead. Data relating to the companys activity cost pools for the current year are given below: Using the data above, determine the unit cost of each product for the current year. Calculate it using activity rates for overhead