The accountants at Johnny's Jackets are considering switching from traditional costing to activity based costing and need to calculate and compare the unit costs of their top two products: leather jackets and wool sweaters. The store budgeted their overhead to be $4,500,000, which was traditionally allocated using machine hours, which were budgeted at 55,000.

Below is the information the accountants collected regarding their two products:

What is the unit cost of both products under the Traditional method? (Round all calculations to two decimal places)

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Leather Jacket $30.00 $10.00 20,000 Wool Sweater Product Direct Materials Direct Labor $10.00 $15.00 |15,000 25,000 1300 28,000 Total Direct Labor Hours Total Machine Hours Batch Inspections 30,000 700 35,000 Units Produced