Russell Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products using a predetermined overhead rate based on direct labor-hours (DLHS). The company has two products, Slow and Fast, about which it has provided the following data: Direct materials per unit Slow Fast $ 14.10 $ 43.40 $ 25.60 Direct labor per unit Direct labor-hours per unit Annual production $ 3.20 0.20 37,000 1.60 22,000 The company's estimated total manufacturing overhead for the year is $2,044,700 and the company's estimated total direct labor-hours for the year is 42,600. The company is considering using a variation of activity-based costing to determine its unit product costs for external reports. Data for this proposed activity-based costing system appear below: Activities and Activity Measures Assembling products (DLHS) Preparing batches (batches) Product support (product variations) Total Estimated Overhead Cost $1,017,500 409,845 617,355 $2,044,700 Expected Activity Slow Fast Total DLHS Batches 7,400 35,200 42,600 1,520 1,550 3,070 Product variations 780 750 1,530 The manufacturing overhead that would be applied to a unit of product Fast under the activity-based costing system is closest to: Multiple Choice $11.53 $61.38. $76.87 $138.25