Practice! New York Corporation uses a job-order costing system and applies manufacturing overhead to jobs using a predetermined overhead rate based on direct labor-hours. Manufacturing overhead and direct labor-hours were estimated at $114,810 and 26,700 hours, respectively, for the year. In June, Job #168 was completed. Materials costs on the job totaled $5,800 and labor costs totaled $3,264 at $6.80 per hour. At the end of the vear, it was determined that the company worked 33,400 direct labor-hours for the year and incurred $137,070 in actual manufacturing overhead costs. Required: 1. Job #168 contained 100 units. Determine the unit product cost. 2. Determine the under-applied or over-applied overhead for the year. 3. How to adjust the under- or over-applied overhead to COGS