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Famous Private Limited manufactures two products, Super and Deluxe travel luggage. Information about the company's products follows: Currently, overhead is applied to the products on

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Famous Private Limited manufactures two products, Super and Deluxe travel luggage. Information about the company's products follows: Currently, overhead is applied to the products on the basis of direct labour hours (DHL). Anticipated direct labour time for the upcoming accounting period is 18,000 direct labour hours. The company is considering adopting an activity-based costing system to improve the accuracy of costing of the products. Its estimated overhead of $810,000can be identified with three major activities as follows: Required: (Note: Round your answers to 2 decimal places) (a) Determine the unit product cost of Super and Deluxe under the traditional costing method. (7 marks) (b) Compute the cost pool rates that would be used for order processing, machine processing and product inspection in an activity-based costing system. (3 marks) (c) Compute the factory overhead cost per unit of Super only using the activity-based costing approach

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