Doaktown Products manufactures fishing equipment for recreational uses. The Miramichi plant produces the company's two versions of a special roel used for river fishing. The two models are the M-008, a basic reel, and the M-123, a new and improved version. Cost accountants at company headquarters have prepared costs for the two reels for the most recent period. The plant manager is concened. The cost report does not coincide with her intuition about the relative costs of the two models. She has asked you to review the cost accounting and help her prepare a response to headquarters Manufacturing overhead is currently assigned to products based on their direct labor costs. For the most recent month, manufacturing overhead was $345,600. During that time. the company produced 14,600 units of the M-008 and 2,800 units of the M-123. The direct costs of production were as follows Total M-008 M-123 $116.800 $112.000 56,000 $ 228,800 172,800 Direct materials Direct labor 116,800 Management determined that overhead costs are caused by three cost drivers. These drivers and their costs for last year were as follows: Activity Level M-123 M-008 8,000 20 20 Costs $173,600 80,000 92,000 Total 10,000 40 65 Cost Driver Number of machine-hours Number of production runs Number of inspections 2,000 20 45 $ 345,600 Total overhead Required: a. How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total cost per unit produced for each product? (Round your Intermediate calculations and final answers to 2 decimal places.) M-008 M-123 Total overhead 207,180.00 $ 138.395.00 Total unit cost b. How much of the overhead will be assigned to each product if direct labor cost is used to alocate overhead? What is the total cost per unit produced for each product? (Round "Total unit cost" to 2 decimal places) M-008 M-1 Tatal overhead Tatal unit cost MacBook Air