Pike Company manufactures two styles of watches.casual and elite. The overhead budget is $128,000 for the year. The company uses a single plontwide overheard in allocating overhead. The company reports the following for its two products. Cost per Unit Casual Elite Direct materials $ 52 $ 94 Direct labor 37 $ 55 The casual watch uses 8 direct labor hours per unit while the elite watch uses 12 direct labor hours per unit. Assuming the company allocates overhead based on 8.000 direct labor hours, compute the product cost per unit for the casual watch Multiple Choice $14140 $180.40 $34100 5248:20