Valdez Company uses standards and budgets. For the year, estimated production of product X is 497,000 units. The total estimated costs for materials and labour are $1,043,700 and $1,838,900, respectively. Calculate the estimates for a standard cost and a budgeted cost. (Round per unit answers to 2 decimal places, eg. 15.25 and other answers to 0 decimal places, eg. 125.) Materials Labour $ $ (a) Standard cost per unit per unit $ $ $ (b) Budgeted cost