Exercise 3-7 Contrast ABC and Conventional Product Costs [LO3-2, LO3-3, LO3-4] Kunkel Company makes two products and uses a conventional costing system in which a single plantwide predetermined overhead rate is computed based on direct labor-hours. Data for the two products for the upcoming year follow Direct materials cost per unit Direct labor cost per unit Direct labor-hours per unit Number of units produced 10.00 $ 8.00 $ 3.00 $ 3.75 0.20 0.25 10,000 40,000 These products are customized to some degree for specific customers. Required 1. The company's manufacturing overhead costs for the year are expected to be $336,000. Using the company's conventional costing system, compute the unit product costs for the two products. (Do not round intermediate calculation. Round your final answers to 2 decimal places.) Mercon Wurcon Unit product cost