INDIANA CORPORATION is a bakery that is known for its strawberry cheesecake. It also makes 12 different kinds of cheesecake as well as many other types of bakery items. The company uses normal costing with direct-labor dollars as their base for allocating overhead to its various bakery products. The company estimates overhead for the upcoming vear of $421,000 and estimates direct labor of $2,000,000 The following estimated information is available for their Strawberry Cheesecake product: Annual production Direct materials per unit Direct labor per unit 17,500 units $6 $2 Required 1) Compute the predetermined rate (overhead per dollar of labor)-Round this to TWO decimal places 2) Determine the amount of estimated overhead applied to one unit of strawberry cheesecake (one cake) AND the estimated amount of overhead to be applied to that product line for the year 3) What is the total estimated unit cost of the strawberry cheesecake