Here are the 2 homework questions. The second one should be a strong paragraph w

Here are the 2 homework questions. The second one should be a strong paragraph with a cited reference.1.EXERCISE 3 10 Applying Overhead; Computing Unit Product Cost [LO2 LO3]
A company assigns overhead cost to completed jobs on the basis of 120% of direct labor cost. The job cost sheet for Job 413 shows that $12000 in direct materials has been used on the job and that $8000 in direct labor cost has been incurred. A total of 200 units were produced in Job 413.Required:What is the total manufacturing cost assigned to Job 413? What is the unit product cost for Job 413?(check figure unit production cost 148)2.Why do companies use a predetermined overhead rate rather than actual overhead costs to apply overhead to jobs?