Techno Incorporated manufactures two models of cameras that can be used as cell phones, MPX, and digital camcorders. Model High F Great P Annual Sales in Units 11,900 17,900 Techno uses a volume-based costing system to apply factory overhead based on direct labor dollars. The unit prime costs of each product were as follows: Direct materials Direct labor High F $ 39.90 $ 19.50 Great P $ 27.30 $ 15.10 Budget factory overhead: Engineering and Design Quality Control Machinery Miscellaneous Overhead Total 2,780 13,210 34,090 26,770 engineering hours inspection hours machine hours direct labor hours $ 472,600 260,600 678,200 132,950 $ 1,544,350 Techno's controller had been researching activity-based costing and decided to switch to it. A special study determined Techno's two products have the following budgeted activities: Engineering and design hours Quality control inspection hours Machine hours Labor hours High F 1,150 5,830 20,470 12,190 Great P 1,630 7,380 13,620 14,580 Using the firm's volume-based costing, applied factory overhead per unit for the High F model is: (Rounded to the nearest cent.) Multiple Choice $59.95 $63.92 $47.33. $46.42. $59.90