National Inc. manufactures two models of CMD that can be used as cell phones, MPx, and digital camcorders. 17 Annual Sales High F Great P in Units 10,000 16,000 points National uses a volume-based costing system to apply factory overhead based on direct labor dollars. The unit prime costs of each product were as follows: High F Great P Direct materials $38.00 $25.40 Direct labor $17.52 $13.14 Budget factory overhead Engineering and Design Quality Control Machinery Miscellaneous Overhead Total 2,409 engineering hours 12,848 inspection hours 33,726 machine hours 26,400 direct labor hours $ 404,712 269,808 539, 616 134,904 $1,349,040 National's controller had been researching activity-based costing and decided to switch to it. A special study determined National's two products have the following budgeted activities: Engineering and design hours Quality control inspection hours Machine hours Labor hours lHigh P Great P 969 1,440 5,648 7,200 20,286 13,440 12,000 14,400 points Using activity-based costing, applied miscellaneous overhead for the Great P model per unit is: (Rounded to the nearest cent.) Multiple Choice 17 $13.44 points $9.45. $15.12 $4.60 $42.61