E BusinessCourse Traditional Product Costing Versus Activity-Based Costing My Subscriptions Assume that Panasonic Company has determined its estimated total manufacturing overhead cost for one of its plants to be $240,000, consisting of the following activity cost pools for the current month: Activity Centers Activity Costs Cost Drivers Activity Level Assembly setups $63,000 Setup hours Number of Materials handling 33,000 moves Assembly 1,500 300 Assembly 120,000 hours 12,000 Maintenance Maintenance Total 24,000 $240,000 hours 1,200 Total direct labor hours used during the month were 8,000. Panasonic produces many different electronic products, including the following two products produced during the current month: Model X301 Model Z205 Units produced 1,000 1,000 Direct materials costs $33,000 $33,000 Direct labor costs $30,500 $30,500 Direct labor hours 500 500 Setup hours 50 50 100 Materials