Rooney Cameras, Inc. manufactures two models of cameras. Model ZM has a zoom lens; Model DS has a fixed lens. Rooney uses an activity-based costing system. The following are the relevant cost data for the previous month: Direct Cost per Unit Direct materials Direct labor Model ZM $20.20 28.40 Model DS $ 9.00 11.00 Category Unit level Batch level Product level Facility level Total Estimated Cost $ 24,990 43,680 88,750 228,000 $385, 420 Cost Driver Number of units Number of setups Number of TV commercials Number of machine hours Use of Cost Driver ZM: 2,400 units; DS: 9,500 units ZM: 24 setups; DS: 24 setups ZM: 13; DS: 12 ZM: 400 hours; DS: 800 hours Rooney's facility has the capacity to operate 3,600 machine hours per month. Required a. Compute the cost per unit for each product. b. The current market price for products comparable to Model ZM is $120 and for DS is $87. If Rooney sold all of its products at the market prices, what was its profit or loss for the previous month? C. A market expert believes that Rooney can sell as many cameras as it can produce by pricing Model ZM at $115 and Model DS at $40. Rooney would like to use those estimates as its target prices and have a profit margin of 30 percent of target prices. What is the target cost for each product? Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the cost per unit for each product. (Round intermediate calculations and final answers to 2 decimal places.) Type of Product Direct Materials Direct Allocated Labor * Overhead = = = Model ZM Model DS $ Total 0.00 0.00 Complete this question by entering your answers in the tabs below. Required A Required B Required C The current market price for products comparable to Model ZM is $120 and for DS is $87. If Rooney sold all of its products at the market prices, what was its profit or loss for the previous month? (Round intermediate calculations to 2 decimal places. Loss amounts should be indicated by a minus sign.) Amount Model ZM Model DS Complete this question by entering your answers in the tabs below. Required A Required B Required C A market expert believes that Rooney can sell as many cameras as it can produce by pricing Model ZM at $115 and Model DS at $40. Rooney would like to use those estimates as its target prices and have a profit margin of 30 percent of target prices. What is the target cost for each product? (Round your answers to 2 decimal places.) Model ZM Model DS Target cost / unit Required B Required c >