Employ the concepts of Activity-Based Costing for given data. PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York. PepsiCo has interests in the manufacturing, marketing, and distribution of grain-based snack foods, beverages, and other products. Company produces 300,000 units of Mountain Dew, and 100,000 units of Miranda in a year. 280 workers are engaged in the production process of Miranda in the company with a salaryfof $2,000 and 200 workers are engaged in the production process of Mountain Dew in the company with a salary of $1,000. From the following data of PepsiCo, compute the unit cost of each product and estimate the unit selling price for each product using an activity-based costing approach. Products Direct Materials Expected Profit Direct Expenses $230,000 Miranda 10% on Total cost Mountain Dew 15,500 units of material @ 20 per unit 5,000 units of material @ 40 per unit $200,000 $200,000 8% on Unit cost Setups Machine Hours Miranda Mountain Dew TotalValue (S) 200 300 36,000 Material Moves 1,000,000 200,000 1,200,000 112,000 88,000 200,000