! Required information Upriver Parts manufactures two products, V.1 and V-2, at its River Plant Selected data for an average month for the two products follow Units produced Direct materials cost per unit Machine hours per unit Production runs per month V-1 10,000 $ 2 1 80 V-2 1,000 $ 4 2 40 Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant follow Machine depreciation Setup labor Material handling Total $ 78,000 34,800 17,760 $130,560 Required: a. Compute the unit costs for the two products V-1 and V-2 using the current costing system at Upriver (using machine hours as the allocation basis). (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. Compute the unit costs for the two products V.1 and V-2 using the proposed ABC system at Upriver. (Do not round intermediate calculations. Round your answers to 2 decimal places.)