Saved Help Save & Exit Submit 3 Michael & Co. expects overhead costs of $21,500 per month and direct production costs of $15 per unit. The estimated production activity for the current accounting period is as follows: 1st 2nd 3rd 4th Quarter Quarter Quarter Quarter 11,800 9,300 8,400 13,500 01:47:13 Units produced The predetermined overhead rate based on units produced is (Round your answer to the nearest penny): Multiple Choice $6.00 per unit $0.50 per unit. $2.00 per unit