Required information Monson Company has two products: G and P. The company uses activity-based costing and has prepared the following analysis, showing the estimated total overhead cost, and expected activity for each of its three activity cost pools: Expected Activity Activity Cost Estimated Cost Product G Product P Total Pool Activity 1 $60,000 400 800 1,200 Activity 2 42,000 1,200 1,800 3,000 Activity 3 160,000 800 4,000 4,800 The annual production and sales of Product G is 20,000 units. The annual production and sales of Product P is 40,000 units. The overhead cost per unit of Product P under activity-based costing is closest to which of the following? Multiple Choice