< Question 5, E2-46B (similar to) Part 4 of 7 HW Score: 98.13%, 14.72 of 15 points Points: 2.72 of Save Best-Cola spends $3 on direct materials, direct labor, and variable manufacturing overhead for every unit (12-pack of soda) it produces. Fixed manufacturing overhead costs $6 million per year. The plant, which is currently operating at only 85% of capacity, produced 15 million units this year. Management plans to operate closer to full capacity next year, producing 20 million units. Management doesn't anticipate any changes in the prices it pays for materials, labor, and manufacturing overhead Read the requirements. Determine the formula, then calculate the current fixed cost per unit. (Enter your answer to the nearest cent.) Total fixed costs 6 million Current year's Current fixed cost per produced units unit per 15 million = $ 0.40 unit Requirement 4. What is the forecasted total product cost next year (for the 20 million units), including fixed and variable costs? Determine the formula, then calculate the forecasted total product cost next year (for the 20 million units). Forecasted Total fixed costs Forecasted total variable costs total product costs million million million - Clear all Final check +