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 $227,500 Machine hours 87,000 Direct labor hours 9,100 Actual: Overhead Machine hours Direct labor hours Prime cost Number of units $227,200 85,300 8,870 $658,250 110,000 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