Michael & Co. expects overhead costs of $23,000 per month and direct production costs of $18 per unit. The estimated production actity for accounting period is as follows: 1st Quarter 2nd Quarter 3rd guarter 4th Quarter Units produed 12,100 9,600 8,550 The allocation rate based on units produced is 15,750 Multiple Choice $6.00 per unit $0.50 per unit $24.00 per unit $2.00 per unit