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Exercise 2-10 Applying Overhead; Computing Unit Product Cost [LO2, LO3] A company assigns overhead cost to completed jobs on the basis of 110% of direct
Exercise 2-10 Applying Overhead; Computing Unit Product Cost [LO2, LO3]
A company assigns overhead cost to completed jobs on the basis of 110% of direct labor cost. The job cost sheet for Job 413 shows that $29,910 in direct materials has been used on the job and that $10,900 in direct labor cost has been incurred. A total of 1,600 units were produced in Job 413. |
| Required: | |
| a. | What is the total manufacturing cost assigned to Job 413? |
| Total manufacturing cost | $ |
| b. | What is the unit product cost for Job 413? |
| Unit product cost | $ |
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