Speedy Company has identified the following activities relating to indirect production costs: Activity Activity Costs Cost Drivers Machine Setup $180,000 1,500 setup hours Materials Handling $50,000 12,500 pounds of materials Electric Power $20,000 20,000 kilowatt hours Speedy Company has obtained the following data concerning two products: Products Speedy1 Speedy2 Number of units produced 4,000 20,000 Direct materials cost $20,000 $25,000 Direct labor cost $12,000 $20,000 Number of setup hours 100 120 Pounds of materials used 500 1,500 Kilowatt-hours 1,000 2,000 Required: Using the activity-based costing approach, calculate the manufacturing cost per unit for Speedy1 and Speedy2.