va 10.00 points Exercise 3-7 Contrast ABC and Conventional Product Costs IL03-2. Lo33. Lo3-4 Kunkel Company makes two products and uses a conventional costing system in which a single plantwide upcoming year follow overhead rate is computed based on direct labor-hours. Data for the two products for the MerconWurcon S 1000 8.00 s 3.00 S 3.75 0.20 0.25 10,000 40,000 cost per unit Direct labor cost per unit Direct labor-hours per unit Number of units produced e products are customized to some degree for specific customers Required: 1. The company's manufacturing overhead costs for the year are expected to be $336,000. Using the company's conventional costing system, compute the unit product costs for the two products. (Do not round intermediate calculation. Round your final answers to 2 decimal places.) Mercon Wurcon Unit product cost