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		$262,600
Machine hours		86,000
Direct labor hours		10,100
Actual:
Overhead		$262,200
Machine hours		83,900
Direct labor hours		9,830
Prime cost		$1,544,420
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? = $

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