Problem 7A-1 Activity-Based Costing Product Costs for External Reports [LO6] Data concerning Cranur Architects Corporation's two major business lines are given below: Commercial Residential Direct...

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Extracted text: Problem 7A-1 Activity-Based Costing Product Costs for External Reports [LO6] Data concerning Cranur Architects Corporation's two major business lines are given below: Commercial Residential Direct materials per square metre Direct labour per square metre Direct labour-hours per square metre $ 8.00 $ 0.1 DLHS $ $ 37. 50 0. 075 DLHS 5. 60 50 Estimated annual output 56, 000 m2 392, 000 n2 The company has a traditional costing system in which architecture department overhead is applied to units (square metres of architectural drawings) based on direct labour-hours. Data concerning architecture department overhead and direct labour-hours for the upcoming year appear below: Estimated total architecture department overhead $938, 000 Estimated total direct labour-hours 35, 000 DLHS Required. 1. Determine the unit costs of the Commercial and Residential products under the company's traditional costing system. (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Commercial Residential Unit cost 60.04 X s 38.84 X