Eliezrie, Incorporated, manufactures and sells two products: Product G8 and Product 00. Data concerning the expected production of each product and the expected total direct labor-hours (DLHS) required to produce that output appear below. Product GB Product 00 Total direct labor-hours Direct Total Labor- Direct Expected Hours Per Labor- Production Unit Hours 760 5.6 4,256 360 2.6 936 5,192 The direct labor rate is $22.70 per DLH. The direct materials cost per unit for each product is given below. Direct Materials Cost per Unit $ 119.10 $ 119.50 Product GB Product 00 The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Activity Cost Pools Labor-related Machine setups Order size Activity Measures DLHS setups MHS Estimated Overhead Cost $ 58,555 57,390 368,508 $ 484,453 Expected Activity Product G8 Product 00 Total 4,256 936 5,192 700 630 1,330 5,100 5,700 10,800 S 5,100 5,700 36,508 $ 484,453 10,800 Which of the following statements concerning the unit product cost of Product G8 is true? (Round your intermediate calculations to 2 decimal places.) Multiple Choice The unit product cost of Products under traditional conting is greater than its unit product under activity based costing by $79067 The unit product cost of Product G8 under traditional costing is greater than its unit product under activity based conting by $310.75. The unit product cost of Product G8 under traditional costing is less than its unit product cout under activity based costing by $110.75. The unit product cost of Product G8 under traditional costing is less than its unt product cost under activity-based costing by $190.67