Predetermined Overhead Rate, Applied Overhead, Unit Cost

Ripley, Inc., costs products using a normal costing system. The following data are available for last year:

Budgeted:
Overhead		$371,000
Machine hours		90,000
Direct labor hours		10,600
Actual:
Overhead		$370,500
Machine hours		88,100
Direct labour hours		10,370
Prime cost		$1,257,050
Number of units		180,000

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? - Select your answer -Overapplied overheadUnderapplied overheadItem 3= $

4.What was the total cost per unit produced (carry your answer to four significant digits)? $per unit