Munoz Manufacturing Company produced 1,200 units of inventory in January, Year 2. It expects to produce an additional 9,700 units during the remaining 11 months of the year. In other words, total production for year 2 is estimated to be 10,900 units. Direct materials and direct labor costs are $81 and $69 per unit, respectively. Munoz expects to incur the following manufacturing overhead costs during the year 2 accounting period. Production supplies $ 6,100 Supervisor salary 178,000 Depreciation on equipment 139,000 Utilities 31,000 Rental fee on manufacturing facilities 204,525 Required Combine 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 1,200 units of product made in January