Question 4 Not complete Marked out of 30.00 P Flag question Traditional Product Costing versus Activity-Based Costing Ridgeland Inc. makes backpacks for large sporting goods chains that are sold under the customers' store brand names. The Accounting Department has identified the following overhead costs and cost drivers for next year: Overhead Item Expected Costs Cost Driver Maximum Quantity Setup costs $489,600 Number of setups 7,200 Ordering costs 130,000 Number of orders 65,000 Maintenance 920,000 Number of machine hours 80,000 Power 88,000 Number of kilowatt hours 440,000 Total predicted direct labor hours for next year is 42,500. The following data are for two recently completed jobs: Job 201 Job 202 $10,500 $12,000 $18,600 $62,300 900 750 220 270 Cost of direct materials Cost of direct labor Number of units completed Number of direct labor hours Number of setups Number of orders Number of machine hours Number of kilowatt hours 19 21 450 200 - 42 360 300 a. Determine the unit cost for each job using a traditional plantwide overhead rate based on direct labor hours. Round cost per unit answers to two decimal places when applicable. a. Determine the unit cost for each job using a traditional plantwide overhead rate based on direct labor hours. Round cost per unit answers to two decimal places when applicable. Job 201 Job 202 Direct materials $ Direct labor Overhead Total cost Units produced Cost per unit b. Determine the unit cost for each job using ABC. Round cost per unit answers to two decimal places when applicable. Job 201 Job 202 Direct materials Direct labor Setup cost Ordering costs Maintenance costs Power Total job costs Units produced Cost per unit