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 Machine hours Direct labor hours Actual: Overhead Machine hours Direct labor hours Prime cost Number of units. $252,000 87,000 9,000 $251,500 84,800 8,660 $747,520 110,000 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