Sheffield Company produces high-quality microscopes for education and health care uses. The company uses a job order costing system. Because the microscopes' optics require significant manual labor to ensure adherence to strict manufacturing specifications, the company applies overhead on the basis of direct labor hours. At the beginning of 2021, the company estimated its manufacturing overhead would be $1,980,000 and that employees would work a total of 99,000 direct labor hours. During March, the company worked on the following five jobs. Beginning Balance Direct Materials added during March Direct Labor added during March Direct Labor Hours added during March Job 134 $118,700 $3,000 $8,200 140 158 121,400 2,300 12,150 310 212 21,600 86,600 37,000 3,400 287 34,550 71,600 31,870 2,720 301 19,030 21,840 1,430 Total $296,250 $182,530 $111,060 8,000 Jobs 134 and 158 were started in January, Jobs 212 and 287 were started in February, and Job 301 was started in March. During March, workers completed Jobs 134, 158, and 212. Jobs 134 and 212 were delivered to customers during March. Sheffield Company incurred $163,000 manufacturing overhead in the month of March. Given that expenditure for overhead, was manufacturing overhead under-or overapplied in March? By how much? Overhead Underapplied by $ e Textbook and Media Your answer is incorrect. Assume that Sheffield Company closes under-or overapplied overhead to the Cost of Goods Sold account. Calculate the Cost of Goods Sold amount after that adjustment. Adjusted Cost of Goods Sold $ Assume that Sheffield Company prorates under-or overapplied overhead to the appropriate accounts. Calculate the allocated amounts and adjust the account balances as needed. (Round percentage of total and final answers to 2 decimal places, e.g. 5,235.75.) Adjusted Balance Allocation $ $ Work In Process $ $ Finished Goods $ $ Cost of Goods Sold $ $ Job 212 was for 1,000 microscopes. What was the unit cost for the microscopes produced in this job? (Round answer to 2 decimal places, e.g. 3.55.) Unit Cost $