Parrot Company uses a job-order costing system and applies manufacturing overhead to jobs using a predetermined overhead rate based on direct labor-hours. Last year manufacturing overhead and direct labor-hours were estimated at $100,000 and 40,000 hours, respectively, for the year. In June, Job #461 was completed. Materials costs on the job totaled $8,000 and labor costs totaled $2, 500 at $5 per hour. At the end of the year, it was determined that the company worked 44,000 direct labor-hours for the year and incurred $104,000 in actual manufacturing overhead costs. Job #461 contained 100 units. Determine the unit product cost for Job#461 Determine the underapplied or overapplied overhead for the year