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chapter 2 #2

Exercise 2-8 (Algo) Applying Overhead Cost; Computing Unit Product Cost [LO22, LO2-3] Newhard Company assigns overhead cost to jobs on the basis of 113% of direct labor cost. The job cost sheet for Job 313 includes $27,361 in direct materiais cost and $10,300 in direct labor cost. A total of 1,450 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