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Exercise - Applying Overhead; Computing Unit Product Cost

A company assigns overhead cost to completed jobs on the basis of 111% of direct labor cost. The job cost sheet for Job 313 shows that $26,317 in direct materials has been used on the job and that $10,300 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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