Fun Toy Co. makes toy flutes. Two manufacturing overhead application bases are used; some overhead is applied on the basis of machine hours at a rate of $5.60 per machine hour, and the balance of the overhead is applied at the rate of 240% of direct labor cost. a. Calculate the cost per unit of October production of 4,200 toy flutes that required. (Do not round intermediate calculations. Round your answer to 4 decimal places.) 1.Raw materials costing $490. 2.21 direct labor hours costing $357. 3.36 machine hours. At the end of October, 3,870 of these toy flutes had been sold. Calculate the ending inventory value of the toy flutes still in inventory at October, 31.