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 $ 1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Royale Majestic Direct materials $ 660 $ 420 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($ 40 per DLH) 240 200 Total per unit cost $ 1,020 $ 720 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000 units of the Majestic. The overhead rate of $ 40 per direct labor hour was determined by dividing total estimated manufacturing overhead of $ 8,098,800 by the total direct labor hours (200,000) for the two models. Under traditional costing, the gross profit on the models was Royale $ 460 ($ 1,480 - $ 1,020) and Majestic $ 600 ($ 1,320 - $720). 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 Estimated Overhead Estimated Use of Cost Drivers Activity-Based Overhead Rate Cost Drivers Activity Cost Pools Estimated Overhead Estimated Use of Cost Drivers Activity-Based Overhead Rate Cost Drivers Purchasing Number of orders $ 1,196,600 38,600 $ 31/order Machine setups Number of setups 911,600 17,200 $53/setup Machining Machine hours 5,218,400 118,600 $ 44/hour Quality control Number of inspections 772,200 29,700 $ 26/inspection The cost drivers used for each product were: Cost Drivers Royale Majestic Total Purchase orders 16,000 22,600 38,600 Machine setups 5,000 12,200 17,200 Machine hours 74,000 44,600 118,600 Inspections 12,000 17,700 29,700 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 Majestic Total assigned costs $ ta $ Cost per unit $ $