Question 2: (8 marks) (B1, C2) Noor Company has identified the following activities relating to indirect production costs: Activity Machine Setup Activity Costs Cost Drivers $180,000 Materials Handling 1,500 setup hours $50,000 Electric Power 12,500 pounds of materials $20,000 20,000 kilowatt hours Noor Company has obtained the following data concerning two products: Products NY NX Number of units produced 4,000 20,000 Direct materials cost $20,000 $25,000 Direct labor cost $12,000 $20,000 Number of setup hours 100 120 Pounds of materials used 500 1,500 2,000 Kilowatt-hours 1,000 Instructions: Using the activity based costing approach, calculate the manufacturing cost per unit for NY. Ao