Exercise $12-4$A $($Algo$)$ Pooling overhead cost LO $12-2$Baird Manufacturing Company produced $2,200$ units of inventory in January Year $2.$ It expects to produce an additional $9,400$ units during the remaining $11$ months of the year. In other words, total production for Year $2$ is estimated to be $11,600$ units. Direct materials and direct labor costs are $$69$ and $$57$ per unit, respectively. Baird expects to incur the following manufacturing overhead costs during the Year $2$ accounting period.Production supplies$ $4,900$Supervisor salary$179,000$Depreciation on equipment$139,000$Utilities$21,000$Rental fee on manufacturing facilities$253,500$RequiredCombine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units.Determine the cost of the $2,200$ units of product made in January.