Fanning Corporation estimated its overhead costs would be $23.200 per month except for January when it pays the $131,820 annual insurance premium on the manufacturing facility. Accordingly, the January overhead costs were expected to be $155,020 (5131820- $23.200) The company expected to use 7.400 direct labor hours per month except during July August, and September when the company expected 9600 hours of direct labor each month to build inventories for high demand that normally occurs during the Christmas season. The company's actual direct labor hours were the same as the estimated hours. The company made 3,700 units of product in each month except July August, and September, in which it produced 4,800 units each month Direct labor costs were $24.90 per unit, and direct matersals costs were $10.20 per unit Required a. Calculate a predetermined overhead rate based on direct labor hours b. Determine the total allocated overhead cost for January March, and August c. Determine the cost per unit of product for January, March, and August d. Determine the selling price for the product , assuming that the company desires to earn a gross margin of $20.80 per unit. Complete this question by entering your answers in the tabs below. Rega Rege to D Calculate a predetermined overhead rate based on direct labor hours. (Round your answer to 2 decimal places) Predetermined overhead rate per labor hour Req B to > Complete this question by entering your answers in the tabs below. RUGA Negro D Determine the total allocated overhead cost, the cost per unit of product and the selling price for the product for January March, and August. Assume that the company desires to earn a gross margin of $20.00 per unit. Do not found intermediate calculations. Round cost per unit and selling price per unit to 2 decimal places. Round your total located overhead cost to nearest whole dollar) Show w less January March August Total allocated overhead cost Cost per un Selling price per un Reg A