Sheridan Electronics manufactures two utra-high definition television models the Royale, which sells for 51580 and a new model, the Majestic, which sells for $1.320. The production cost computed per unit under traditional costing for eachmodel in 2022 wan an follows In 2922. Sheridanmanedactured 25,000 units of the foyale and 10000 units of the Majestic. The cverhead rate of $42053 per dirict tabor hour was deterinined by dividing totaleatimated manufactye int iverhesd of 58,410,600 by the totai direct labor houn (200.0s0) foe the twombdeds. Under traditional costine the pos proftan the modeh wan Roysho $568 i $1,580$1.012 and Makstic $580 i $1,320 - $7.40% Decauge of this sterevice, managenent iscensiderinis phating oyt the Royakimadeland increaling the production of the Majestic roobel The cost drivers used for each product were: Assign the totat 2022 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 ploces, eg. 12.25.) eTextbook and Media Attempts: 0 of 3 used (b1) The parts of this question must be completed in order. This part will be avallable when you complete the part above