3. Shuey's Specialty Shoes manufactures tennis shoes. Beginning Finished Goods Inventory is 123 units with a cost of $19,400. During the month, Shuey's manufactures 145 pairs of shoes. Each pair of shoes uses 2 ounces of materials at a cost of $12.50 per ounce. Labor costs are $15.00 per hour and each pair of shoes requires 2.4 labor hours. Variable overhead is applied at a rate of $8.50 per labor hour. Fixed manufacturing overhead for the year is estimated to be $47,500. It is anticipated that annual production will be 3,500 units. At the end of the month Shuey's plans to have 193 pairs of shoes in Ending Finished Goods Inventory. a. Calculate the number of shoes should during the month. Show all work. b. Calculate the Manufacturing Costs per Unit. 145 pairs of shoes were manufactured (completed and transferred into Finished Goods Inventory) during the month. Show all work. Direct Materials per Unit : Direct Labor per Unit : Var. Overhead per Unit : Fixed Overhead per Unit Total Mfr. Cost per Unit $ c. Shuey's uses FIFO inventory method, meaning that units in Beginning Finished Goods are sold before units produced during the month. Using either t-accounts or the Cost of Goods Sold Report, calculate the cost (\$) of the units sold