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Mckenny, Inc., manufactures and sells two products: Product P9 and Product X2. Data concerning the...

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Mckenny, Inc., manufactures and sells two products: Product P9 and Product X2. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Total Direct Direct Labor- Hours Expected Per Production Unit 2006 .0 100 5.0 Product P9 Product X2 Total direct labor-hours Labor- Hours 1,200 500 1,700 The direct labor rate is $28.20 per DLH. The direct materials cost per unit is $140.60 for Product P9 and $107.50 for Product X2. The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Activity Cost Pools Labor-related Production orders Order size Activity Measures DLHS orders MHS Estimated Overhead Cost $ 45,084 119,964 459,818 $624,866 Expected Activity Product P9 Product x2 Total 1,200 500 1,700 600 700 1,300 3, 2003 2,900 6,100 The overhead applied to each unit of Product P9 under activity-based costing is closest to: (Round your Intermediate calculations to 2 decimal places.)

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