Question: Exercise 2-9 (Algo) Applying Overhead Cost; Computing Unit Product Cost [LO2-2, LO2-3] Newhard Company applies overhead cost to jobs on the basis of 112% of
Exercise 2-9 (Algo) Applying Overhead Cost; Computing Unit Product Cost [LO2-2, LO2-3]
Newhard Company applies overhead cost to jobs on the basis of 112% of direct labor cost. Job 313 includes 1,500 units and its job cost sheet contains $29,588 in direct materials and $10,100 in direct labor.
Required:
- What is the total manufacturing cost applied to Job 313?
- What is this job's unit product cost?
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