Kingsport Containers Company makes a single product that is subject to wide seasonal variations in demand. The company uses a job-order costing system and computes plantwide predetermined overhead rates on s quarterly basis using the niamber of units to be produced as the allocation base. Its estimated costs, by quartec, for the coming year are given belaw: Management finds the variation in quarterly unit product costs to be confusing. It has been ruggested that the probiem lles wath manufacturing overhead because it is the largest element of total marufocturing cost. Accordingly you have been asked to find a more appropriate woy of assigning manufecturing overhead cost to units of product. Required: 1. Assuming the estimated variable manufacturing overhead cost per unit is 50.60, what must be the estimated total foed manuatacturing overhead cost per quarter? 2. Assuming the assumptions about cost behavior from the first three quarters hold constant, what is the estimated unit product cert for the fourth quarter? 3. What is causing the estimated unit product cost to fluctuate from one quarter to the next? 4. Assuming the company computes one predetermined overhead rate for the yoar rather than computing quarterly overhead rates. calculate the unit product cost for all units produced during the year. Complete this question by entering your answers in the tabs below