Look Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products using a predetermined overhead rate based on direct labor-hours (DLHs). The company has two products, N06D and M09K, about which it has provided the following data: Direct materials per unit Direct labor per unit Direct labor-hours per unit Annual production (units) N06D $ 30.40 M09K $ 64.50 $ 30.00 1.00 21,600 $ 6.00 0.20 51,600 The company's estimated total manufacturing overhead for the year is $1,732,546 and the company's estimated total direct labor-hours for the year is 31,920. The company is considering using a variation of activity-based costing to determine its unit product costs for external reports. Data for this proposed activity-based costing system appear below: Estimated Overhead Activities and Activity Measures Supporting direct labor (direct labor-hours) Setting up machines (setups) Parts administration (part types) Cost $ 989,520 319,642 423,384 Total Expected Activity N06D Direct labor-hours 10,320 M09K 21,600 Total 31,920 Setups 1,230 1,021 2,251 Part types 645 252 897 $ 1,732,546 The manufacturing overhead that would be applied to a unit of product M09K under the activity-based costing system is closest to: Multiple Choice $20.82 $43.22 $53.77 $84.28