Vanguard Corporation has provided the following data from its activity based costing system: Activity Cost Pool Totes Cost Total Activity Assembly $1,143,480 78,000 machine-hours Processing orders 95,940 2,050 orders Inspection 148,928 2,080 inspection-hours The company makes 440 units of product 037W a year, requiring a total of 670 machine-hours, 30 orders, and 15 Inspection hours per year. The product's direct materials cost is $37.24 per unit and its direct labor cost is $30.22 per unit According to the activity-based costing system, the average cost of product 037W is closest to: Multiple Choice $95.41 per unit 367.46 per unit 592.22 per unit Multiple Choice $95.41 per unit $67.46 per unit $92.22 per unit $92.97 per unit