HW Module 2 Saved Help Save & Exit Submit Check my work 1 Hakara Company has been using direct labor costs as the basis for assigning overhead to its many products. Under this allocation system, product A has been assigned overhead of $10.80 per unit, while product B has been assigned $3.60 per unit. Management feels that an ABC system will provide a more accurate allocation of the overhead costs and has collected the following cost pool and cost driver information: 10 points Cost Pools Machine setup Materials handling Electric power Activity Costs $360,000 100,000 40,000 Cost Drivers Setup hours Pounds of materials Kilowatt-hours Activity Driver Consumption 4,000 20,000 40,000 eBook Print The following cost information pertains to the production of A and B, just two of Hakara's many products: References Number of units produced Direct materials cost Direct labor cost Number of setup hours Pounds of materials used Kilowatt-hours A 4,000 20,000 $ 42,000 $54,000 $24,000 $40,000 400 200 1,000 3,000 2,000 4,000 Required: 1. Use activity-based costing to determine a unit cost for each product. (Round your answers to 2 decimal places.) Product A Product B Cost per Unit $ 19.15 $ 5.07