This information will be used to answer Questions 1 and 2. Shooter, Inc. estimates its overhead for the upcoming year to be $2,600,000 and will use direct labor hours as its base to apply overhead and estimates total machine usage will be 500.000 hours and estimates direct labor hours will be 200,000 hours. Shooter makes three different models of its product - Basic, Premium and Deluxe. The company anticipates making 50,000 units of Basic, 25,000 units of Premium and 10,000 units of Deluxe. The following information relates to Direct Material and Direct Labor for each unit for each model - Cost Basic Premium Deluxe Direct Material 6 feet @$3/foot 7 feet @ $3/foot 9 feet @ $3.40/foot Direct Labor 1.75 hours@ $20/hour 2.5 hours $20/hour 5 hours $20/hour Overhead 5 machine hours 6 machine hours 10 machine hours Required - Calculate the per hour predetermined overhead rate 5.2 Question 2 Using the information from the previous question, Calculate a per unit cost for Premium. 2 pts