Jordan Company produces commercial gardening equipment. Since production is highly automated, the company allocates its overhead costs to product lines using activity-based costing. The costs and cost drivers associated with the four overhead activity cost pools follow Activities Cost Cost driver Unit Level $ 60,000 2,500 labor hrs. Batch Level $17,920 32 setups Product Level $11,000 Percentage of use Facility Level $195,000 13,000 units Production of 700 sets of cutting shears, one of the company's 20 products, took 240 labor hours and 7 setups and consumed 13 percent of the product-sustaining activities. Required a. Had the company used labor hours as a company wide allocation base, how much overhead would it have allocated to the cutting shears? b. How much overhead is allocated to the cutting shears using activity-based costing? c. Compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 700 units are produced. If direct product costs are $190 and the product is priced at 30 percent above cost for what price would the product sell under each allocation system