Problem 5-46 Activity-Based Costing Cost Ontario, Inc. manufactures two products, Standard and Enhanced, and applies overhead on the basis of Analysis direct-labor hours. Anticipated overhead and direct-labor time for the upcoming accounting period are $800,000 and 25,000 hours, respectively. Information about the company's products follows. ads Standard 1 Total cost, standard: $ 57 2 Manufactured cost, stan dard unit: $181 Estimated production olume, 3,00 anis Direct-material cost, $25 per unit Direct labor per unit, 3 hours at $12 per hour Enhanced Estimated production volume, 4,000 units Direct-material cost, $40 per unit Direct labor per unit, 4 hours at $12 per hour Ontario's overhead of $800,000 can be identified with three major activities: order processing (S150,000) machine processing ($560,000), and product inspection (590,0001 These activities are driven by number of orders processed, machine hours worked, and inspecrtion hours, respectively. Data relevant to these activities follow. Orders Processed 300 200 Inspection Hours 2,000 8,000 10,000 Machine Standard Enhanced Total Worked 18,000 22000 40000 500 Top management is very concerned about declining profitability despite a healthy increase in sales volume. The decrease in income is especially puzzling because the company recently undertook a mas- sive plant renovation during which new, highly automated machinery was installed-machinery that was expected to produce significant operating efficiencies Required: 1. Assuming use of direct-abor hours'to apply overhead to production, compute the unit manufactur ing costs of the Standard and Enhanced products if the expected manufacturing volume is attained