1. Steeler Towel Company estimates its overhead to be $250,000. It expects to have 100,000 direct labor hours costing $2,500,000 in labor and utilizing 12,500 machine hours. Calculate the predetermined overhead rate using:

Direct Labor Hours=

Direct Labor $=

Machine hours=

Round to the nearest penny, two decimal places

2. Crystal Pools estimates overhead will utilize 294,886 machine hours and cost $618,974. It takes 10 machine hours per unit, direct material cost of $6 per unit, and direct labor of $13 per unit. What is the cost of each unit produced? Round to the nearest penny, two decimal places.

3. A company estimated 135,643 direct labor hours and $766,979 in overhead. The actual overhead was $612,704, and there were 195,492 direct labor hours. What is the predetermined overhead rate? Round to the nearest penny, two decimal places