Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours. The company has provided the following data concerning Job T498 which was recently completed: 40 Number of units in the job Total direct labor-hours 80 Direct materials $950 Direct labor cost $2,720 The unit product cost for Job T498 is closest to: (Round your intermediate calculations to 2 decimal places.) $55.38 $42.75 $91.75 $110.75