**i) Unit Cost per Product using the Machine Hour Rate:**
First, calculate the machine hour rate:
\[ \text{Machine Hour Rate} = \frac{\text{Factory Costs}}{\text{Total Machine Hours}} \]
\[ \text{Machine Hour Rate} = \frac{149,696,000}{(1 \times 2,000) + (1 \times 20,000) + (4 \times 2,400) + (6 \times 28,000)} \]
Calculate the machine hour rate and then use it to find the unit cost per product:
\[ \text{Unit Cost using Machine Hour Rate} = \text{Material Cost per unit} + (\text{Machine Hour Rate} \times \text{Machine Hours per unit}) \]
**ii) Unit Cost per Product using Activity-Based Costing (ABC):**
Calculate the activity rates for each overhead cost element:
\[ \text{Setup Activity Rate} = \frac{\text{Setup Costs}}{\text{Total Set-ups}} \]
\[ \text{Material Ordering Activity Rate} = \frac{\text{Cost of Ordering Materials}}{\text{Total Material Orders}} \]
\[ \text{Materials Handling Activity Rate} = \frac{\text{Materials Handling Costs}}{\text{Total Times Material Was Handled}} \]
\[ \text{Administration Activity Rate} = \frac{\text{Administration Cost for Spare Parts}}{\text{Total Spare Parts Used}} \]
Then, find the unit cost per product using the ABC method:
\[ \text{Unit Cost using ABC} = \text{Material Cost per unit} + (\text{Setup Activity Rate} \times \text{Number of Set-ups}) + (\text{Material Ordering Activity Rate} \times \text{Number of Material Orders}) + (\text{Materials Handling Activity Rate} \times \text{Number of Times Material Was Handled}) + (\text{Administration Activity Rate} \times \text{Number of Spare Parts Used}) \]
**iii) Unit Price per Product with 50% Markup:**
\[ \text{Unit Price} = \text{Unit Cost} + (0.5 \times \text{Unit Cost}) \]
Calculate the unit prices for each product.
Please perform the calculations with the given data to obtain the numerical values.
