uiz Company uses activity-based costing to determine product cost. The accounting department identified the following overhead activities, costs, and activity drivers for the coming year. Activity Estimated cost Setting up equipment Ordering materials $120,000 90,000 Activity driver Number of setups Activity capacity 300 Number of orders 9,000 Maintaining machines 210.000 Machine hours 21,000 Total overhead $420.000 The following actual results were collected for the production of Model X and Model Y during the year, Model X Model Y Units produced 8,000 Prime costs $160,000 4,000 $100,000 Number of setups 200 100 Number of orders 3,000 6,000 Machine hours 12,000 9,000 Determine the unit cost of Model Y Note: Give your answer using dollar signs, commas, and decimal points (cents). Example: $123.45