Habari Jema Corp provided the following data for Department 203 for 2021. Work in process as of 1/1/2021: Job No. 2176 Labor $ 22,000 Actual costs incurred by Department 203 during 2021: By Job: Job No. 2176 2177 2178 2179 TOTAL Material $ 17,000 Not incurred by job: Indirect Materials Indirect Labor Employee Benefits Depreciation Supervision TOTAL Material $ 1,200 26,000 12,000 4.000 $43,200 $ 15,000 53,000 23,000 12,000 20,000 $123,000 Department 203 Overhead Budget for 2021: Indirect Materials $ 16,000 Indirect Labor 56,000 Employee Benefits Supervision Depreciation TOTAL Budgeted Direct Labor Dollars $80,000 28,000 Labor $ 7,200 54,000 8,000 2,000 $ 71,200 20,000 12,000 $132,000 Overhead $ 33,000 Overhead Total $ 72,000 Total $ 8,400 80,000 20,000 6,000 Balances at 12/31/2021, before disposition of over/under applied overhead: Finished Goods Inventory $106,000 Cost of Goods Sold $852,000 Overhead is applied based on direct labor dollars. REQUIRED: 1. What is the predetermined overhead rate for 2021 for Department 203? 2. Apply overhead to each of the jobs worked on in 2021. 3. Jobs 2176 and 2177 were completed during 2021. The jobs yielded 1,000 and 10,000 units of product, respectively. What was the total cost and unit cost for each of these products? 4. Was overhead over- or under applied for 2021 in Department 203? By how much?