Michael & Co. expects overhead costs of $30,000 per month and direct production costs of $26 per unit. The estimated production activity for the current accounting period is as follows: Units produced 1st Quarter 2nd 10,100 Quarter 3rd 8,500 Quarter 4th Quarter 7,400 10,000 The allocation rate for overhead costs based on units produced is: Multiple Choice $0.83 per unit. $1.20 per unit $10.00 per unit.