2 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: out of question Cost Driver M XY 8 Amount $ 82,000 48,000 Activity Production setups Material handling Packaging costs 12 Number of setups Number of parts Number of units 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: O a. $1.83. O b. $2.33 c. $2.27. d. none of the given answer. e $1.79