Harrison Company makes two products and uses a traditional costing system in which a single plantwide predetermined overhead rate is computed based on direct labor-hours. Data for the two products for the upcoming year follow. Direct materials cost per unit Direct labor cost per unit Direct labor-hours per unit Number of units produced Rascon $14.00 Parcel $ 5.00 $ 3.00 0.10 8,000 $ 3.80 0.15 49,000 These products are customized to some degree for specific customers. Required: 1. The company's manufacturing overhead costs for the year are expected to be $216,250. Using the company's traditional costing system, compute the unit product costs for the two products. 2. Management is considering an activity-based absorption costing system in which half of the overhead would continue to be i allocated based on direct labor-hours and half would be allocated based on engineering design time. This time is expected to be distributed as follows during the upcoming year: Engineering design time (in hours) Rascon 4,000 Parcel 4,000 Total 8,000 Compute the unit product costs for the two products using the proposed activity-based absorption costing system.