1. Crave Co. uses departmental predetermined overhead rates for allocating overh

1. Crave Co. uses departmental predetermined overhead rates for allocating overhead to jobs. The rates are based on machine hours for the Machining department and on direct labor cost for the Assembly department. The company estimated the following for 2009: Machining AssemblyManufacturing overhead cost $277800 $103200Machine hours 69450 hrs 10150 hrsDirect labor hours 3000 hrs 15000 hrsDirect labor cost $36000 $206400During the month of June the cost record for Job 125 shows:Machining AssemblyDirect materials $12000 $15000Direct labor cost $6000 $18000Machine hours 1200 550Direct labor hours 500 1300Required:a) Assuming the Job 125 manufactured 5000 units of product what is the product cost of one unit of Job 125?