Spiro Company produces commercial gardening equipment. Since production is highly automated, the company allocates its overhead costs to product lines using activity-based costing. The costs and cost drivers associated with the four overhead activity cost pools follow Activities Unit Level Batch Level Product Level Facility Level Cost $34,000 $21,150 $11,000 $256,000 Cost driver 1,700 labor hrs. 47 setups Percentage of use 16,000 units Production of 830 sets of cutting shears, one of the company's 20 products, took 260 labor hours and 6 setups and consumed 13 percent of the product-sustaining activities. Required: a. Had the company used labor hours as a companywide allocation base, how much overhead would it have allocated to the cutting shears? (Round intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.) Allocated cost b. How much overhead is allocated to the cutting shears using activity-based costing? (Round your answer to the nearest dollar amount.) Alocated cont c. Compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 830 units are produced. If direct product costs are $110 and the product is priced at 30 percent above cost, for what price would the product sell under each allocation system? (Round Intermediate calculations and final answers to 2 decimal places.) ABC Labor Hrs Nlocated Overhead Direct Total cost per un Desired pro Sales price 0.00 0.00 5 0.00 5 0.00