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 have been used on the job and that $12,000 in direct labor cost has been incurred. If 1,000 units were produced in job 313, what is the cost per unit? Exercise 3-6 The following cost data relate to the manufacturing activities of Crystal Corporation during the last year: Material overhead costs incurred $ Indirect Materials 34,000 Indirect labor 190,000 Property tax, factory 19,500 Utilities, factory 102,000 Depreciation, factory 290,000 Insurance, factory 15,000 Total actual cost included 650,000 Other costs incurred Purchases of raw materials (both direct and indirect) $500,000 Direct labor cost 85,000 Inventories Raw materials, beginning 40,000 Raw materials, ending 30,000 Work in process, beginning 60,000 Work in process, ending 40,000 The company uses a predetermined overhead rate to apply overhead cost to production. The rate for the year was $33 per machine hour. A total of 20,000 machine hours were recorded for the year. Required: Compute the amount of under or over-applied overhead cost for the year. Prepare a schedule of costs of goods manufactured for the year.