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A company assigns overhead cost to completed jobs on the basis of 119% of direct labor cost.The job cost sheet for Job 313 shows $17,979
A company assigns overhead cost to completed jobs on the basis of 119% of direct labor cost.The job cost sheet for Job 313 shows $17,979 in direct materials has been used on the job and that $10,900 in direct labor cost has been incurred.A total of 1,550 units were produced in Job 313.
Required:a.What is the total manufacturing cost assigned to Job 313?
b.What is the unit product cost for Job 313?
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