Exercise 4-3 (Algo) Compute ABC Product Costs [LO4-3] Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Labor-related Machine-related: Machine setups Production orders Shipments General factory Activity Rates $ 8.00 per direct labor-hour $7.00 per machine-hour $50.00 per setup $ 100.00 per order $ 190.00 per shipment $ 7.00 per direct labor-hour Cost and activity data have been supplied for the following products: Direct materials cost per unit Direct labor cost per unit 378 $ 3.00 $ 4.50 1,000 852 $ 35.00 $ 5.00 100 Number of units produced per year Total Expected Activity 378 852 Direct labor-hours 1,200 50 Machine-hours 3,000 40 Machine setupa , 4 Production orders 4 Shipments 9 4 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers to 2 decimal places.) 378 852 Unit product cost