Exercise 11-10A Smoothed unit cost LO 11-2 Rooney Manufacturing estimated its product costs and volume of production for 2019 by quarter as follows: Direct raw materials Direct labor Manufacturing overhead Total production costs Expected units produced First Quarter $ 86,000 51,600 92,000 $229,600 17,200 Second Quarter $ 46,000 27,600 136,000 $209,600 9,200 Third Quarter $126,000 75,600 172,000 $373,600 25,200 Fourth Quarter $ 66,000 39,600 170, 240 $275,840 13,200 Rooney Company sells a souvenir item at various resorts across the country. Its management uses the product's estimated quar cost to determine the selling price of its product. The company expects a large variance in demand for the product between qu due to its seasonal nature. The company does not expect overhead costs, which are predominately fixed, to vary significantly as production volume or with amounts for previous years. Prices are established by using a cost-plus pricing strategy. The compan variations in short-term unit cost confusing to use. Unit cost variations complicate pricing decisions and many other decisions fo cost is a consideration. Required a. Based on estimated total production cost, determine the expected quarterly cost per unit for Rooney's product. b-1. Calculate the predetermined overhead rate. b-2. Calculate the unit cost per quarter based on the predetermined overhead rate. Complete this question by entering your answers in the tabs below. Required A Required B1 Required B2 Based on estimated total production cost, determine the expected quarterly cost per unit for Rooney's product. (Round your answers to 2 decimal places.) First Quarter Second Quarter Third Quarter Fourth Quarter Estimated cost per unit per unit per unit per unit Complete this question by entering your answers in the tabs below. Required A Required B1 Required B2 Calculate the predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead rate per unit Complete this question by entering your answers in the tabs below. Required A. Required B1 Required B2 Calculate the unit cost per quarter based on the predetermined overhead rate. (Round your intermediate ca answers to 2 decimal places.) First Quarter Second Quarter Third Quarter Fourth Quarter Cost per unit