Gomez, Inc., costs products using a normal costing system. The following data are available for last year: Budgeted: Overhead $343,000 Machine hours 90,000 Direct labor hours 9,800 Actual: Overhead $342,400 Machine hours 88,000 Direct labor hours 9,560 Prime cost $945,400 Number of units 160,000 Overhead is applied on the basis of direct labor hours. Required: 1. What was the predetermined overhead rate? 35 per direct labor hour 2. What was the applied overhead for last year? 334,600 3. Was overhead over- or underapplied, and by how much? Underapplied overhead 7,800 4. What was the total cost per unit produced? (Carry your answer to four significant digits.) 10 x per unit