Graystone$$s production budget for September called for making $60,000$ units of a single product. The firm$$s production standards allow one$-$half of a machine hour per unit produced. The fixed overhead budget for September was $$54,000.$ Graystone uses an absorption costing system. Actual activity and costs for September were:

Units produced $58,500$

Fixed overhead costs incurred $ $55,500$

Required:

Calculate the predetermined fixed overhead application rate per machine hour that would be used in September.

Note: Round your answer to $2$ decimal places.

Calculate the number of machine hours that would be allowed for actual September production.

Calculate the fixed overhead applied to work in process during September.

Note: Do not round intermediate calculations.

Calculate the over$-$ or underapplied fixed overhead for September.