Watson Manufacturing Company employs a job order cost accounting system and keeps perpetual inventory records. The following transactions occurred in the first month of operations: 1. Direct materials requisitioned during the month: Job 101 $20,000 Job 102 16,000 Job 103 24,000 $60,000 Direct labor incurred and charged to jobs during the month 2. was: Job 101 Job 102 Job 103 $32,000 28,000 20,000 $80,000 3. Manufacturing overhead was applied to jobs worked on using a predetermined overhead rate based on 75% of direct labor costs. 4. Actual manufacturing overhead costs incurred and paid during the month amounted to $66,000. 5. Job 101 consisting of 1,000 units and Job 103 consisting of 200 units were completed during the month. How much manufacturing overhead was applied to Job 103 during the month? Rectangular Sno Manufacturing overhead $ Compute the unit cost of Jobs 101 and 103. Job 101 Job 103 Unit cost $ What is the balance in Work In Process Inventory at the end of the month? Work in process inventory $ Determine if manufacturing overhead was under-or overapplied during the month. How much? overhead $