The overhead cost per unit of Product B under the activity-based costing system is closest to:

A) $45.84
B) $7.74
C) $34.38
D) $18.41

Overhead Cost

All indirect costs associated with running a business that cannot be directly attributed to a specific product or service, such as rent, utilities, and administrative expenses.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to specific activities, providing more accurate costing information.

Product B

An arbitrary term that could refer to any second product offered by a company in a given context.