EXERCISE 2–8 Applying Overhead Cost; Computing Unit Product Cost LO2–2, LO2–3 Newhard Company assigns overhead cost to jobs on the basis of 125% of direct labor cost. The job cost sheet for Job 313 includes $10,000 in direct materials cost and $12,000 in direct labor cost. A total of 1,000 units were produced in Job 313.

Required:

What is the total manufacturing cost assigned to Job 313? What is the unit product cost for Job 313?