Ravelo Corporation has provided the following data from its activity-based costing system: Activity Cost Pools Estimated Overhead Cost Expected Activity Assembly $ 504,520 47,000 machine-hours Processing orders $ 57,263 1,400 orders Inspection $ 80,589 1,410 inspection-hours Data concerning the company's product L19B appear below: Annual unit production and sales 490 Annual machine-hours 1,050 Annual number of orders 130 Annual inspection hours 80 Direct materials cost $ 43.74 per unit Direct labor cost $ 16.45 per unit According to the activity-based costing system, the unit product cost of product L19B is closest to: (Round your intermediate calculations to 2 decimal places.)
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