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 $1,468,800 Number of setups 7,200 Ordering costs 390,000 Number of orders 65,000 Maintenance 2,760,000 Number of machine hours 80,000 264,000 Number of kilowatt hours 440,000 Power Total predicted direct labor hours for next year is 52,000. The following data are for two recently completed jobs: Job 201 Job 202 Cost of direct materials $14,000 $15,500 Cost of direct labor $22,100 $65,800 Number of units completed 1,300 1,150 Number of direct labor hours 270 Number of setups Number of orders 21 42 Number of machine hours 360 Number of kilowatt hours 200 300 220 15 19 450 $ a. Determine the unit cost for each job using a traditional plantwide overhead rate based on direct labor hours. Round cost per unit answers to two decimal places when applicable. Job 201 Job 202 Direct materials $ 14,000 15,500 Direct labor 22,100 65,800 Overhead Total cost Ox $ Units produced Cost per unit OX OX OX $ OX $ 0X $ 15 X 19 X b. Determine the unit cost for each job using ABC. Round cost per unit answers to two decimal places when applicable. Job 201 Job 202 Direct materials $ 14,000 $ 15,500 Direct labor 22,100 65,800 Setup cost Ordering costs 0 x Power Total job costs Units produced Cost per unit 0X OX Maintenance costs 0X 0X OX $ 0 x $ 0 x 0X 44.06 x $ $ 89.31 x