A company assigns overhead cost to completed jobs on the


Question -

A company assigns overhead cost to completed jobs on the basis of 119% of direct labor cost. The job cost sheet for Job 313 shows $17,979 in direct materials has been used on the job and that $10,900 in direct labor cost has been incurred. A total of 1,550 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?

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Accounting Basics: A company assigns overhead cost to completed jobs on the
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