Blue Ridge Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. The following table presents information about estimated overhead and direct labor hours.

OverheadDirect Labor Hours (dlh)Product A B Painting Dept.$259,155dlh11,955 3dlh8dlh Finishing Dept.60,168 11,143 6 4 Totals$319,323dlh23,098 9dlh12dlh

From the following information, using a single plantwide rate, determine the overhead rate per unit for Product B. Round to the nearest cent in the final calculation. Select the correct answer. $13.82 $165.90 $65.03 $124.42