Elton Company manufactures wheel rims. The company produces two wheel rim models: standard and deluxe. For $2025,$ Elton's managers have decided to use the same indirect manufacturing costs per wheel rim that they computed in $2024$ using activity$-$based costing.

$($Click the icon to view the $2024$ indirect manufacturing costs per wheel rim.$)$

In addition to the unit indirect manufacturing costs, the following data are expected for the company's standard and deluxe models for $2025$:

$($Click the icon to view the expected information.$)$

Because of limited machine hour capacity, Elton can produce either $2,000$ standard rims or $2,000$ deluxe rims.

Read the requirements.

Requirement $1.$ If Elton's managers rely on the ABC unit cost data computed in $2024$

Use the ABC unit cost data to compute the gross profit per unit for each model.