Question: Exercise 4-10 Applying Overhead; Computing Unit Product Cost [LO4-2, LO4-3] A company assigns overhead cost to completed jobs on the basis of 113% of direct
Exercise 4-10 Applying Overhead; Computing Unit Product Cost [LO4-2, LO4-3]
A company assigns overhead cost to completed jobs on the basis of 113% of direct labor cost. The job cost sheet for Job 413 shows that $15,009 in direct materials has been used on the job and that $10,700 in direct labor cost has been incurred. A total of 1,400 units were produced in Job 413.
Required:
a. What is the total manufacturing cost assigned to Job 413?
b. What is the unit product cost for Job 413?
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