2. Sutter Corporation uses a job-order costing system with a single plant-wide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Recently, Job T369 was completed with the following characteristics: $ $ 10,000 35,000 2.20 Number of units in the job 10 Total machine hours 40 Direct materials $ 750 Direct labor cost $ 1,560 If the company marks up its unit product costs by 20% then the selling price for a unit in Job T369 is closest to: 1. Rist Corporation uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. The Corporation estimated that it would incur $255,000 in manufacturing overhead during the year and that it would work 100,000 machine-hours. The Corporation actually worked 105,000 machine-hours and incurred $270,000 in manufacturing overhead costs. By how much was manufacturing overhead underapplied or overapplied for the year? 3. Ravelo Corporation has provided the following data from its activity-based costing system: Activity Cost Pools Assembly Processing orders Inspection Estimated Overhead Cost 514,520 62,263 85,589 $ $ $ Expected Activity 52,000 machine-hours 1,900 orders 1,910 inspection-hours Data concerning the company's product L19B appear below: Annual unit production and sales Annual machine-hours Annual number of orders Annual inspection hours Direct materials cost Direct labor cost 590 1,150 230 180 $ 53.74 per unit $ 26.45 per unit According to the activity-based costing system, the unit product cost of product L19B is closest to