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 cos sheet for Job 313 includes $10,000 in direct materials coit and $12,000 in direct labor cost. A total of 1,000 units were produced in Job J13. Required: What is the total manufacturing cost assigned to Job 313? What is the unit product cost for Job 313