Question 5 (Mandatory) (3 points) Allure Company manufactures and distributes two products, M and XY. Overhead costs are currently allocated using the number of units produced as the allocation base. The controller has recommended changing to an activity-based costing (ABC) system. She has collected the following information: Activity Cost Driver Amount M XY Production setups Number of setups $ 80,000 15 35 Material handling Number of parts 55,000 54 36 Packaging costs Number of units 249,000 96,000 64,000 $384,000 What is the total overhead per unit allocated to Product M using activity-based costing (ABC)? $2.11. $2.78. $2.40. $2.15