Company A has received an order of project X which requires direct materials for 500 units ($20 per unit) and use indirect materials #300. Project X also requires 4 workers doing the job for 4 days (6 hours a day and cost as $30 per hour). This period, the company estimates to have all OH cost as $300,000 and direct labor hours as 7.500 hours. However, at the end of the period, the company finds that it has actual OH cost and direct labor hours as $350,000 and 10,000 hours. 1) How does the project X cost by using normal costing? (6 points) 2) Does the company over or underapply for the project X and how much? (4 points)