Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost

At the beginning of the year, the company estimated total manufacturing overhead costs at $1,000,000 and total direct labor costs at $830,000. In June, Job 711 was completed. The details of Job 711 are shown below.

Direct materials cost $27,000
Direct labor cost $13,000
Direct labor hours 400 hours
Units of product produced 500 units

How much was the cost per unit of finished product? (Round any percentages to two decimal places and your final answer to the nearest cent.)
A) $80.00
B) $101.58
C) $85.20
D) $111.20

D .