Doaktown Products manufactures fishing equipment for recreational uses. The Miramichi plant produces the company's two versions of a special reel used for river fishing. The two models are the M-008, a basic reel, and the M-123. concerned. The cost report does not coincide with her intuition about the relative costs of the two models. She has asked you headquarters. 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 review the cost accounting and help her prepare a response to Ma ed 12 B00.ite of the M-008 and 3 FO0 units of the M 129 The direct c dti mse follou nth, manufacturing overhead was $304,800. During that time, the company produced of product M-008 $102,400 102,400 M-123 Total 202.400 152,400 Direct materials Direct labor $100,000 50,000 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 9,000 Cost Driver . Tota achine-hours 10,0 Number of production runs 90 000 10 10 30 91.000 Number of inspections 35 4 $ 304.800 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 Total unit cost b. How much of the overhead will be assigned to each product if direct labor cost is used to allocate overhead? What is the total cost per unit produced for each product? (Round "Total unit cost" to 2 decimal places.) M-008 M-123 Total overhead Total unit cost