Majestic Corporation manufactures wheel barrows and uses budgeted machine hours to allocate variable manufacturing overhead. The following information relates to the company's manufacturing overhead data:

Budgeted output units	43,500	units
Budgeted machine-hours	17,400	hours
Budgeted variable manufacturing overhead costs for 17,400 units	$382,800
Actual output units produced	47,500	units
Actual machine-hours used	15,100	hours
Actual variable manufacturing overhead costs	$387,518

What is the amount of the budgeted variable manufacturing overhead cost per unit? (Do not round any intermediary calculations. Round your final answer to the nearest cent.)

I keep getting 8.80 but thats the cost rate how do you find the cost per unit? And what is the difference? I am so confused?