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Newhard Company assigns overhead cost to jobs on the basis of 111% of direct labor cost. The job cost sheet for Job 313 includes $28,212

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Newhard Company assigns overhead cost to jobs on the basis of 111% of direct labor cost. The job cost sheet for Job 313 includes $28,212 in direct materials cost and $10,800 in direct labor cost. A total of 1,500 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? Total manufactung con b. Uit product com Tech Solutions is a consulting firm that uses a job order costing system. Its direct materials consist of hardware and software that it purchases and installs on behalf of its clients. The firm's direct labor includes salaries of consultants that work at the client's job site. and its overhead consists of costs such as depreciation, utilities, and insurance related to the office headquarters as well as the office supplies that are consumed serving clients. Tech Solutions computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 57,500 direct labor-hours would be required for the period's estimated level of client service. The company also estimated $345,000 of fixed overhead cost for the coming period and variable overhead of 0.50 per direct labor-hour. The firm's actual overhead cost for the year was $365,300 and its actual total direct labor was 64,000 hours Required: 1. Compute the predetermined overhead rate 2. During the year Tech Solutions started and completed the Xavier Company engagement. The following information was available with respect to this job 1 Direct materials Direct labor cost Direct labor hours worked $29.700 $ 20,400 230 Compute the totaljob.cost for the Xavier Company engagement CP 5 of 7 Next > 96 5 6 e I y g b C with respect to this job: Direct materials Direct labor cost Direct labor-hours worked $ 38, 700 $ 26,400 230 Compute the total job cost for the Xavier Company engagement. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the predetermined overhead rate. (Round your answer to 2 decimal places.) Prodetermined overhead rate per DLH Required 2 Direct materials Direct labor cost Direct labor-hours worked $ 38, 700 $ 26, 400 230 Compute the total job cost for the Xavier Company engagement. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total job cost for the Xavier Company engIgement. (Round you Direct materials Direct labor Overhead applied Total manu acturing cost Required

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