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 $272,700 Machine hours 89,000 Direct labor hours 10,100 Actual: Overhead $271,900 Machine hours 86,600 Direct labor hours 9,880 Prime cost $1,033,240 Number of units 130,000 Overhead is applied on the basis of direct labor hours. Required: 1. What was the predetermined overhead rate? 27 per direct labor hour 2. What was the applied overhead for last year? 266,760 3. Was overhead over- or underapplied, and by how much? Underapplied overhead x 4. What was the total cost per unit produced? (Carry your answer to four significant digits.) X per unit