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		$296,800
Machine hours		81,000
Direct labor hours		10,600
Actual:
Overhead		$296,100
Machine hours		79,200
Direct labor hours		10,210
Prime cost		$1,514,120
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