Traditional Product Costing versus Activity-Based Costing Ridgeland 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.......... $489,600 Number of setups............ 7,200 Ordering costs ....... 130,000 Number of orders............ 65,000 Maintenance......... 920,000Number of machine hours.... 80,000 Power ........ 88,000 Number of kilowatt hours..... 440,000 Total predicted direct labor hours for next year is 42,500. The following data are for two recently completed jobs: Job 201 Job 202 Cost of direct materials........ Cost of direct labor. ..... Number of units completed.... Number of direct labor hours Number of setups.... Number of orders.... Number of machine hours....... Number of kilowatt hours. $10,500 $12,000 $18,600 $62,300 900 750 220270 15 19 2142 450 360 200 300 Required a. Determine the unit cost for each job using a traditional plantwide overhead rate based on direct labor hours. b. Determine the unit cost for each job using ABC. (Round answers to two decimal places.) c. As the manager of Ridgeland, is there additional information that you would want to help you evalu- ate the pricing and profitability of Jobs 201 and 202? d. Assuming the company has been using the method required in parta, how should management react to the findings in part b