Edgar Company manufactures wheel rims. The controller expects the following ABC allocation rates for $2024$:

$($Click the icon to view the allocation rates.$)$

Edgar produces two wheel rim models: standard and deluxe. Expected data for $2024$ are as follows:

The company expects to produce $500$ units of each model during the year.

Read the requirements.

Use the single plantwide allocation rate to determine the indirect manufacturing cost per wheel rim for each model, to the nearest cent.

Indirect manufacturing cost per rim:

Standard model:

Deluxe model:

Requirement $3.$ Compute the estimated ABC indirect manufacturing cost per unit of each model for $2024.$ Carry each cost per unit to the nearest cent.

Compute the costs per unit for the standard model first, then the deluxe model. $($Carry the setup cost per rim to three decimal places. Round your final answers to the nearest cent.$)$