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 $192,000, consisting of the following activity cost pools for the current month: Activity Centers Activity Costs Cost Drivers Activity Level Assembly setups $39,000 Setup hours 1,500 Materials handling 9,000 Number of moves 300 Assembly 120,000 Assembly hours 12,000 Maintenance 24,000 Maintenance hours 1,200 Total $192,000 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: Units produced Direct materials costs Direct labor costs Direct labor hours Setup hours Materials moves Assembly hours Maintenance hours Model X301 Model Z205 1,000 1,000 $9,000 $9,000 $6,500 $6,500 500 500 50 100 25 50 800 800 10 40 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 $ 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. X301 Z205 $ Direct materials $ Direct labor Overhead cost Total cost Units Per unit cost $ $ b. Calculate the total per-unit cost of each model using activity-based costing to assign manufacturing overhead to products. $ Assembly setups Materials handling $ Assembly $ Maintenance $ Round cost per unit to two decimal places, if needed. X301 Z205 $ $ Direct materials cost Direct labor cost Manufacturing overhead costs: Assembly setup Materials handling Assembly Maintenance Total cost Units Per unit cost $ $ $ $