Traditional Product Costing Versus Activity$-$Based Costing

Assume that Panasonic Company has determined its estimated total manufacturing overhead cost for one of its plants to be $$240,000,$ consisting of the following activity cost pools for the current month:

Total direct labor hours used during the month were $8,000.$ Panasonic produces many different electronic products, including the following two products produced during the current month:

a$.$ Calculate the total per$-$unit cost of each model using direct labor hours to assign manufacturing overhead to products.

Round rate to two decimal places.

Overhead rate per direct labor hour $$30$

Use rounded overhead rate calculated above for calculations below. Round cost answers to the nearest whole number, when needed. Round cost per unit to two decimal places, if needed.

b$.$ Calculate the total per$-$unit cost of each model using activity$-$based costing to assign manufacturing overhead to products.

Round cost per unit to two decimal places, if needed.