< Predetermined Overhead Rate, Applied Overhead, Unit Cost Gomez, Inc., costs products using a normal costing system. The following data are available for last year: Budgeted: Overhead $278,400 Machine hours 82,000 Direct labor hours 9,600 Actual: Overhead $277,700 Machine hours 80,500 Direct labor hours 9,340 $989,140 140,000 Prime cost Number of units Overhead is applied on the basis of direct labor hours. Required: 1. What was the predetermined overhead rate? per direct labor hour 2. What was the applied overhead for last year? 3. Was overhead over- or underapplied, and by how much? 4. What was the total cost per unit produced? (Carry your answer to four significant digits.) per unit Check My Work