Wyoming Manufacturing Limited has a traditional costing system in which it applies manufacturing overhead to its products using a predetermined overhead rate based on direct labour-hours (OLHS). The company has two products, Widgets and Trinkets, about which it has provided the following data: Widgets Trinkets Direct Materials per unit $11.25 $62.70 Direct Labour per unit $2.00 $12.00 Direct labour hours per unit 0.20 1.20 Annual production 45,000 10,000 The firm's estimated total manufacturing overhead for the year is $1,521,960 and the firm's estimated total direct labour-hours for the year is 21,000. The company is considering using activity-based costing to determine its unit product costs. Data for this proposed activity-based costing system appear below: Widgets Trinkets Total 9,000 12,000 21,000 Activities Supporting direct labour Setting up machines Parts administration 814 374 1,188 924 1,012 1,936 Activities & Drivers Estimated MOH cost Supporting direct labour (DLH) Setting up machines (setups) Parts Administration (part types) Total $352,000 $201,960 $968,000 $1,521,960 Required: Determine the unit product cost of each of the company's two products under the traditional costing system. (6 marks) b. Determine the unit product cost of each of the company's two products under activity-based costing system. (12 marks)