The accounting records for Frankie's Fixtures report the following production costs for the past year: Direct Materials $652,000 Direct Labor 554,000 Variable Overhead 470,000 Production was 218,000 units. Fixed manufacturing overhead was $754,000. For the coming year, costs are expected to increase as follows: direct materials costs by 20 percent, excluding any effect of volume changes; direct labor by 4 percent; and fixed manufacturing overhead by 10 percent. Variable manufacturing overhead per unit is expected to remain the same. Required: (a)Prepare a cost estimate for a volume level of 228,000 units of product this year. (Do not round your intermediate computations. Round your final answers to nearest whole dollar amount.) This Year's Cost | Cost Item Direct materials Direct labor Variable overhead Fixed overhead Total costs not round your Intermediate computations. Round your final answers to nearest whole dollar amount.) This Year's Cost Cost Item Direct materials Direct labor Variable overhead Fixed overhead Total costs (b)Determine the costs per unit for last year and for this year. (Round your answers to 2 decimal places.) Costs Per Unit Last year This year