This is homework for my managerial accounting class

,sandy Corporation manufactures two products: Tricycles and Wagons. The annual production and sales of neycles is 2,200 units, while 1,750 units of Wagons are produced and sold. The company has traditionally sed direct labor hours to allocate its overhead to products. Tricycles require 2 direct labor hours per unit, Wagons require 1.5 direct labor hours per unit. The total estimated overhead for the period is $385,125. The company is looking at the possibility of changing to an activity-based costing system for its products. If the while company used an activity-based costing system, it would have the following three activity cost pools: Expected activity Estimated overhead Activity cost pool Setup costs Engineering costs Maintenance costs Total S 58,200 10,800 s 316,125 S 385,125 Tricycles 35 75 4.400 Wagons Total 120 120 7,025 85 45 2,625 Required: a. Calculate the unit cost for a Wagon using the traditional system based on a single plantwide overhead rate (use direct labor hours as the cost driver). b. Calculate the unit cost for a Wagon using the activity-based costing system