Greencastle Surfboard produces two surfboards. One is a recreational model made from polyurethane foam covered with fiberglass cloth and epoxy resin. The other is a high performance competition board that uses carbon fiber instead of fiberglass. The carbon fiber boards are custom-made and require more hand finishing and setup time. Most of the company's sales come from the recreational model, but recently sales of the competition boards have been increasing. The following information is related to the products for the most recent year. Recreational Competition 1,500 200 $600,00 $1,200.00 Sales and production (number of surfboards) Sales price per board Unit costs Direct materials Direct labor Overhead Total unit cost Gross profit 180.00 250.00 116.00 300.00 164 416 460 966 $140 $234 Overhead costs: $50,000 60,000 25,000 65,500 37.500 Building depreciation Equipment depreciation Materials ordering Quality control Maintenance and security Setup and drafting Supervision Total overhead Overhead rate based on direct labor dollars: Total overhead Total labor ($116.00 x 1,500) + ($300,00 * 200) 38,000 60.000 $336,000 $336,000 $234.000 * Overhead ratex 51.44 per direct labor dollar. ($336,000 - $234,000) Vikki Mason, the president of Greencastle, is concerned that the traditional cost system used by Greencastle may not be providing accurate cost information and that the sales price of the competition surfboard might not be enough to cover its true cost. (c) Assume that Greencastle retains a consultant to create an activity-based costing system, and the consultant develops the following data: Amount $50,000 60,000 Driver Activity Recreational Competition Boards Boards 8,000 2,000 4.250 750 25,000 100 300 Cost Pool Building Equipment Materials ordering Quality control Maintenance and security Setup and drafting Supervision Driver Square footage Machine hours Number of orders Number of inspections Square footage Number of setups Direct labor cost 65,500 100 400 37.500 8,000 2,000 38,000 50 200 60,000 $180,000 $60,000 $336,000 Determine the overhead allocation to each line of surfboards using an activity-based costing approach, and compute the total unit costs for each model surfboard. (Round allocation rate and final answer to 2 decimal places, eg, 15.25.) Recreational Competition Overhead allocation per surfboard $ $ Total unit costs per surfboard $