Jazz Limited manufactures electronic components for machines and has just made the change to an activity based costing system which will assign labour, manufacturing and non-manufacturing overhead costs to products.

A bill of activities for one of company's major products Component ET27 is given below:

Activity	Component ET 27 Cost per unit of Activity Driver	Annual Quantity of Activity Driver used by Component ET 27
Prepare purchase order	$ 22 per purchase order	80 purchase orders
Process payables	$ 8 per invoice received	240 invoices
Prepare payroll	$ 9 per payslip	550 payslips
Process sales order, pack and dispatch	$ 26 per sales order	2 000 sales orders
Program solder robots	$ 126 per program	350 programs
Solder circuits	$ 2 per solder joint	120 000 solder joints
Assemble circuit boards	$ 5 per board	20 000 boards

Wire in and test switch	$ 18 per switch	20 000 switches
Insert fuse	$ 11 per fuse	20 000 fuses
Design switch	$ 15,270 for Component ET 27

The company produced 24,000 Components of ET 27 for the year. The direct material cost per Component ET 27 is $48.

Before introducing activity based costing, under a conventional (traditional) plant-wide overhead application the company used to allocate all conversion costs based on direct labour hours, calculated as $ 60 per direct labour hour. Under this system Component ET 27 would have used 18,500 direct labour hours (which would have had overheads applied to it).

REQUIRED: (Calculations to 3 decimal places - Show all workings)

Compute the total unit cost for Component ET 27 -

(i) Under the previous conventional costing system.

(ii) Under the new activity-based costing (ABC) system.