Yolanda Bakery, Inc. has two producing departments, mixing and baking. At the beginning of the year, the following budgeted information was provided:

Mixing Baking Machine hours 2,000 5,000 Direct labor hours 10,000 500 Total overhead $250,000 $200,000 Each batch of 1,000 loaves of bread requires two hours in the mixing department and one hour in the baking department. Overhead in the mixing department is based on direct labor hours; overhead in the baking department is based on the number of machine hours. Direct materials cost $170 per batch of 1,000 loaves, and direct labor costs $60 per batch of 1,000 loaves.

Required:

1. Calculate overhead rates for each producing department.

2. What is the unit cost of one loaf of bread? lop8