Mathwerks produces two electronic, handheld educational games: Fun with Fractions and Count Calculus. Data on these products follow. Fun with Fractions Count Calculus Production volume 150,000 units 10,000 units Components 450,000 parts 100,000 parts Direct labor hours 15,000 DLH 2,000 DLH Packaging materials 150,000 boxes 10,000 boxes Shipping cartons 100 units per carton 25 units per carton Machine setups 52 setups 52 setups Machine hours 5,000 MH 2,000 MH Additional data from its two production departments follow. Cost Department Driver Assembly department Component cost Parts Assembly labor Direct labor hours Maintenance Machine hours Wrapping department Packaging materials Boxes Shipping Cartons Machine setup e setup Setups $495,000 244,800 100,800 $460,800 27,360 187,200 Required 1. Using ABC, determine the cost of each product line. 2. What is the cost per unit of Fun with Fractions? What is the cost per unit of Count Calculus? 3. If Count Calculus sells for $59.95 per unit, how much profit does the company earn per unit of Count Calculus sold? Check (3) $32.37 profit per unit 4. What is the minimum price that the company should set per unit of Fun with Fractions? Explain. Page 802