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Parker Manufacturing, Inc., employs an overhead rate of 140% of direct labor cost. The Job 783 cost sheet shows that $5,000 in direct materials has
Parker Manufacturing, Inc., employs an overhead rate of 140% of direct labor cost. The Job 783 cost sheet shows that $5,000 in direct materials has been used and that $8,000 in direct labor has been incurred. If 1,000 units of product have been produced on Job 783, what is the per unit cost of the product? (round answer to the nearest cent).
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