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		$285,000
Machine hours		83,000
Direct labor hours		9,500
Actual:
Overhead		$284,700
Machine hours		80,600
Direct labor hours		9,290
Prime cost		$1,421,300
Number of units		170,000

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