ProPats manufactures three souvenir products and has the following direct cost when three 1,000-unit batches (one for each product) are produced:
- Hats Shirts Banners
- Direct Materials $5,000 $5,000 $5,000
- Direct Labor $1,000 $1,000 $1,000
Assuming that estimated overhead costs are $3000 which are allocated using a single rate based on direct labor cost and assuming that the estimated direct labor cost is $3000, determine the unit cost of the banner.