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?