XYZ Company manufactures and distributes two products, M and XY. Overhead costs are currently allocated using the number of units produced as the allocation base. The controller has recommended changing to an activity-based costing (ABC) system. She has collected the following information: Activity Production setups Material handling Packaging costs Cost Driver Number of setups Number of parts Number of units Amount M XY $ 82,000 8 12 48,000 56 24 130.000 80,000 50,000 $ 260,000 What is the total overhead per unit allocated to Product M using activity-based costing (ABC)? Select one: a. none of the given answer. b. $2.33 c. $1.79. d. $1.83 e. $2.27.