The accounting records for Portland Products report the following manufacturing costs for the past year Direct materials Direct labor Variable overhead $ 330,000 267,000 234.620 Production was 200,000 units. Fixed manufacturing overhead was $860,000 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. Vallable manufacturing overhead per unit is expected to remain the same. Required: a. Prepare a cost estimate for a volume level of 160,000 units of product this year. b. Determine the costs per unit for last year and for this year. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a cost estimate for a volume level of 160,000 units of product this year. (Do not round intermediate calculations.) This Year's Cost Cost Item Direct materials Direct labor Variable overhead Fixed overhead Total costs Required: a. Prepare a cost estimate for a volume level of 160,000 units of product this year. b. Determine the costs per unit for last year and for this year. Complete this question by entering your answers in the tabs below. Required A Required BN Determine the costs per unit for last year and for this year. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Cost per Unit Last year This year