Question: EXERCISE 3-8 Applying Overhead; Computing Unit Product Cost [LO3-2, LO3-3] A company assigns overhead cost to completed jobs on the basis of 125% of direct

EXERCISE 3-8 Applying Overhead; Computing Unit Product Cost [LO3-2, LO3-3] A company assigns overhead cost to completed jobs on the basis of 125% of direct labor cost. The job cost sheet for Job 313 shows that $10,000 in direct materials has been used on the job and that $12,000 in direct labor cost has been incurred. A total of 1,000 units were produced in Job 313. Required What is the total manufacturing cost assigned in lob 313? What is the unit product cost for Job 313? L03-5 the

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