The accounting records for Portland Products report the following manufacturing costs for the past year: Direct materials $ 370,000 Direct labor 268,000 Variable overhead 234,000 Production was 150,000 units. Fixed manufacturing overhead was $751,000. 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 120,000 units of product this year. (Do not round intermediate computations.) b. Determine the costs per unit for last year and for this year. (Round your answers to 2 decimal places.)