Traditional Product Costing Versus Activity-Based Costing High Country Outfitters, Inc., makes backpacks for large sporting goods chains that are sold under the customers' store brand names. The accounting department has identified the following overhead costs and cost drivers for next year: Overhead Item Expected Costs Cost Driver Maximum Quantity Setup costs $828,000 Number of setups 7,200 Ordering costs 252,000 Number of orders 60,000 Maintenance 1,360,000 Number of machine hours 80,000 Power 210,000 Number of kilowatt hours 600,000 Total predicted direct labor hours for next year is 60,000. The following data are for two recently completed jobs: Job 201 Job 202 Cost of direct materials $13,500 $15,000 Cost of direct labor $19,125 $71,250 Number of units completed 1,125 915 Number of direct labor hours 270 330 Number of setups 18 22 Number of orders 24 45 Number of machine hours 540 450 Number of kilowatt hours 270 360 a. Determine the unit cost for each job using a traditional company-wide overhead rate based on direct labor hours. Round rate to two decimal places. Overhead rate per direct labor hour $ 0 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. Job 202 0 $ 0 Job 201 Direct materials $ Direct labor Overhead 0 0 0 0 0 0 Total job cost Units Per unit cost 0 0 $ 0 $ 0 b. Determine the unit cost for each job using ABC. Activity-based overhead rates: Round answers to two decimal places, when needed. 0 0 Setup costs $ Ordering costs $ Maintenance costs $ Power $ 0 0 NOTE: Round all answers (except cost per unit) to the nearest whole number, when applicable. Round cost per unit answers to two decimal places. Job 201 Job 202 Direct materials $ 0 $ 0 Direct labor 0 0 Overhead Setup cost 0 Ordering costs 0 Maintenance costs 0 Power 0 Total job costs $ 0 $ 0 Units produced Cost per unit $ 0 $ 0 O O O O O O 0 0