Question 4 (of 8) Save & Exit value 3.00 points Exercise 3-4 Contrast ABC and Conventional Product Costs IL03-4) Pacifica Industrial Products Corporation makes two products, Product H and Product L. Product H is expected to sell 48, 000 units next year and Product L is expected to sell 9,600 units. A unit of either product requires 0.7 direct labor-hours The company's total manufacturing overhead for the year is expected to be $3,427 200 Required 1-a. The company currently applies manufacturing overhead to products using direct labor-hours as the allocation base. If this method is followed, how much overhead cost per unit would be applied to each product? (Round your answers to 2 decimal places.) Product H Product L Overhead cost per unit 1-b. Compute the total amount of overhead cost that would be applied to each product Product H ProductL Total Total overhead cost 2. Management is considering an activity-based costing system and would like to know what impact this it has been suggested that all of the change might have on product costs. For purposes of discussion, manufacturing overhead be treated as a product-level cost. The total manufacturnng overhead would be divided in half between the two products, with $1,713,600 assigned to Product H and $1,713,600 assigned to Product L if this suggestion is followed, how much overhead cost per unit would be assigned to each product? (Round your answers to 2 decimal places.) Product H Product L Overhead cost per unt