Fancy Bags, Inc. is a company that manufactures decorative gift bags, and they currently use a traditional costing system. Fancy has been focusing on its two main products: Metallic gift bags and Polka Dot gift bags. Fancy allocates Manufacturing Overhead (MOH) costs based on 90% of the Direct Labor (DL) costs for each product. The Metallic gift bags use the following resources: Assembly Line Wages, $133,600; Packaging Wages, $92,400; Metallic Paper, $246,700; and Plastic Handles, $97,450. The Polka Dot gift bags use the following resources: Assembly Line Wages, $125,400; Packaging Wages, $86,450; Special Paper, $222,800; and Plastic Handles, $83,706. Fancy anticipates production of 468,000 Metallic bags and 333,400 Polka Dot bags. What is the total cost per unit for each type of bag? (Round your answers to two decimal places.)

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The Answer of Fancy Bags, Inc. is a company that manufactures decorative gift bags, and they currently use a traditional costing system. Fancy has been focusing on its two main products: Metallic gift bags and Polka Dot gift bags. Fancy allocates Manufacturing Overhead (MOH) costs based on 90% of the Direct Labor (DL) costs for each product. The Metallic gift bags use the following resources: Assembly Line Wages, $133,600; Packaging Wages, $92,400; Metallic Paper, $246,700; and Plastic Handles, $97,450. The Polka Dot gift bags use the following resources: Assembly Line Wages, $125,400; Packaging Wages, $86,450; Special Paper, $222,800; and Plastic Handles, $83,706. Fancy anticipates production of 468,000 Metallic bags and 333,400 Polka Dot bags. What is the total cost per unit for each type of bag? (Round your answers to two decimal places.)