Summit Corporation manufactures machines for the apparel industry. The production manager and cost analyst reviewed the accounts for the previous quarter and have provided an estimated breakdown of the fixed and variable portions of manufacturing overhead: Administration and supervision Engineering and indirect labor Indirect supplies Facilities cost Repair and maintenance Total Fixed $ 34,450 Variable $ 13,500 Total $ 47,950 7,700 60,900 68,600 11,600 137,000 61,900 $ 252,650 28,600 15,400 40,200 152,400 80,000 141,900 $ 198,400 $ 451,050 Direct materials for the quarter amounted to $371,500. Direct labor for the quarter was $732,500. During the quarter, 9,500 units were produced. Required: a. No changes are expected in these cost relations next quarter. The firm has budgeted production of 12,350 units. Provide an estimate for total production cost for next quarter. b. Determine the cost per unit of production for the previous quarter and the estimated cost per unit next quarter. Required A Required B No changes are expected in these cost relations next quarter. The firm has budgeted production of 12,350 units. Provide an estimate for total production cost for next quarter. Note: Do not round intermediate calculations. Cost Item Direct materials Direct labor Variable overhead Fixed overhead Total costs Next Quarter's Cost Required A Required B Determine the cost per unit of production for the previous quarter and the estimated cost per unit next quarter. Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Last quarter Next quarter Cost per Unit