use a single overhead cost pool and a single allocation base to allocation overhead

Basic Number of chairs Budgeted Chair Production and Cost Data Frame Fabrication Cushion Fabrication Total 225,000 Direct labor/per chair $ 7.40 Total Direct materials/per chair Executive Number of chairs 6.70 $14.10 $ 6.40 2.40 $ 8.80 $ 22.90 192,000 Direct labor/per chair $ 7.50 $ 8.70 Direct materials/per chair 6.80 6.20 Total $14.30 $14.90 $ 29.20 Budgeted overhead costs for the year are shown in the accompanying table. Budgeted Overhead Costs Rent Indirect labor Indirect materials Equipment lease payments Total overhead Task 1 (4 marks): $1,680,000 1,660,000 1,125,000 1.413.000 $5,878,000 You took cost accounting in the University of Melbourne and decide to use a single overhead cost pool and a single allocation base to allocation overhead to basic and executive chairs. You use "direct labor costs" as the allocation base. Please calculate the unit cost of basic and executive chairs using above mentioned approach.