Colonels uses a traditional cost system and estimates next year's overhead will be $480,000, with the estimated cost driver of 240,000 direct labor hours. It manufactures three products and estimates these costs: Small Medium Large Units Direct Material Cost 32,000 12,000 4,000 $ 5 $ 8 $ 9 Direct Labor Hours per Unit 4 6 10 PLEASE NOTE: Predetermined overhead rates will be rounded to two decimal places and shown with "$" and commas as needed (i.e. $1,234.56). The rates will include their proper label according to the textbook examples (no abbreviations). PLEASE NOTE: Costs per unit will be rounded to two decimal places and shown with "$" and commas as needed (i.e. $12,345.67). The costs per unit will NOT include a label. If the labor rate is $25 per hour, what is the per-unit cost of each product? Predetermined overhead rate = Costs per Unit Small Direct Material Direct Labor Overhead Total Cost per Unit Medium Large