Roadmaster Tires produces a variety of auto and truck tires at its Indianapolis manufacturing plant. The plant is highly automated and uses an activity-based costing system to allocate overhead costs to its various product lines. The costs and cost drivers associated with four activity cost pools are given below. Activities: Cost Cost Driver Unit Level $91,800 5,100 labor hours Batch Level $75,600 210 setups Product Level $26,200 % of use Facility Level $102,200 51,100 units Production of 1,000 units of a small tractor tire required 300 labor hours and three setups and consumed 10% of the product sustaining activities Required: a. Instead of using ABC, suppose the company had used labor hours as a company-wide allocation base. How much total overhead would have been allocated to the tractor tire? b. How much total overhead cost will be allocated to the tire under activity-based costing? c. What price will be quoted if the product is priced at 30% above cost? Compute the price per unit under both the direct labor hours approach and under activity-based costing. The direct manufacturing costs consist of direct material of $24 and direct labor of $34. Note: Do not round your intermediate calculations. Round your answers to 2 decimal places. a Overhead allocated using company-wide allocation base b. Overhead allocated under activity-based costing c-1 Selling price per unit under direct labor hours approach c2 Selling price per unit under activity-based costing