Extra Exercise (Ch 5) El Nour Company produces two products (X) and (Y). Data related to the two products are presented below: X Annual production in units 100,000 units 200,000 units Direct materials cost $80,000 $120,000 Direct labor cost $40,000 $80,000 Direct manufacturing labor hours 1,250 2500 Machine hours 12,500 25,000 Number of shipments 25 25 Inspection hours 700 350 Designing hours 500 250 Materials handling hours 800 650 Total manufacturing overhead costs: Shipping costs $60,000 Designing costs $52,500 Inspection costs $105000 Requirement: 1- Compute cost per unit for each product (X and Y) under the traditional system (the allocation base of MOH is the direct labor hours). 2- Calculate the MOH rate for each activity under the activity- based costing system. 3- Calculate the allocated manufacturing overhead cost for X and Y under the activity-based costing system. 4- Calculate the cost per unit for each product (X and Y) under the activity-based costing system. 5- By comparing between the results of requirements (1) and (4), which product was overcosted and which was undercosted.