Michael & Co. expects overhead costs of $19,000 per month and direct production costs of $24 per unit. The estimated production activity for the current accounting period is as follows 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 8,000 10,000 Units produced 11,300 8,700 The predetermined overhead rate based on units produced is: Multiple Choice $0.50 per unit. $2.00 per unit. $6.00 per unit. $30.00 per unit