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Gelinas, Incorporated, manufactures and sells two products: Product S5 and Product L3. Expected production of Product S5 is 500 units and of Product L3 is

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Gelinas, Incorporated, manufactures and sells two products: Product S5 and Product L3. Expected production of Product S5 is 500 units and of Product L3 is 700 units. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: The overhead applied to each unit of Product L 3 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)

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