Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
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Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Recently, Job T687 was completed with the following characteristics: Number of units in the job 10 30,700 $ 337,700 $ 4 Total machine-hours Direct materials Direct labor cost 20 $ 575 $ 1,150 The amount of overhead applied to Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.) Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Recently, Job T687 was completed with the following characteristics: Number of units in the job 10 30,700 $ 337,700 $ 4 Total machine-hours Direct materials Direct labor cost 20 $ 575 $ 1,150 The amount of overhead applied to Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.)
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To calculate the amount of overhead applied to Job T687 we need to multiply the machinehours used ... View the full answer
Related Book For
Management Accounting
ISBN: 9780077185534
6th Edition
Authors: Will Seal, Carsten Rohde, Ray Garrison, Eric Noreen
Posted Date:
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