Parker Company has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. At the beginning of the year, manufacturing overhead and direct labor-hours for the year were estimated at $50,000 and 20,000 hours, respectively. In June, Job #461 was completed. Materials costs on the job totaled $4,000 and labor costs totaled $1,500 at $5 per hour. At the end of the year it was determined that the company worked 24,000 direct labor-hours for the year and incurred $54,000 in actual manufacturing overhead costs. If Job #461 contained 100 units, the unit cost on the completed job cost sheet would be:

If Job #461 contained 100 units, the unit cost on the completed job cost sheet would be:

A) $61.75

B) $62.50

C) $63.10

D) $55.00.

2. The manufacturing overhead for the year was:

A) $6,000 overapplied

B) $10,000 overapplied

C) $10,000 underapplied

D) $4,000 underapplied