Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,270. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Royale Majestic Direct materials $600 $390 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($38 per DLH) Total per unit cost 228 190 $948 $680 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000 units of the Majestic. The overhead rate of $38 per direct labor hour was determined by dividing total estimated manufacturing overhead of $7,508,000 by the total direct labor hours (200,000) for the two models. Under traditional costing, the gross profit on the models was Royale $532 ($1,480 - $948) and Majestic $590 ($1,270 - $680). Because of this difference, management is considering phasing out the Royale model and increasing the production of the Majestic model. Before finalizing its decision, management asks Schultz's controller to prepare an analysis using activity-based costing (ABC). The controller accumulates the following information about overhead for the year ended December 31, 2020. Activity Cost Pools Cost Drivers Estimated Overhead Estimated Use of Activity-Based Cost Drivers Overhead Rate Purchasing Number of orders $1,178,000 38,000 $31/order Machine setups Number of setups 816,000 16,000 $51/setup Machining Machine hours 4,838,000 118,000 $41/hour Quality control Number of inspections 676,000 26,000 $26/inspection The cost drivers used for each product were: Cost Drivers Royale Majestic Total Purchase orders 16,000 22,000 38,000 Machine setups 4,000 12,000 16,000 Machine hours 74,000 44,000 118,000 Inspections 10,000 16,000 26,000 Assign the total 2020 manufacturing overhead costs to the two products using activity-based costing (ABC) and determine the overhead cost per unit. (Round cost per unit to 2 decimal places, e.g. 12.25.) Royale Total assigned costs $ Cost per unit Majestic Calculate cost per unit of each model using ABC costing. (Round answers to 2 decimal places, eg. 12.25.) Royale Cost per unit $ Majestic Calculate gross profit per unit of each model using ABC costing. (Round answers to 2 decimal places, eg. 12.25.) Royale Gross profit per unit Majestic