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. V-1 V-2 Units produced Direct materials cost per unit 10,000 $ 1,000 2 S 4 Machine hours per unit 1 2 Production runs per month 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 $72,000 32,400 17,200 $121,608 Required: a. Compute the unit costs for the two products V-1 and V-2 using the current costing system at Upriver tusing 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.)