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5 TB MC Qu. 2-116 (Static) Lupo Corporation uses a job-order... Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead
5 TB MC Qu. 2-116 (Static) Lupo Corporation uses a job-order... 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: 0 Total machine-hours points 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 Total machine-hours 10 30 Direct materials $ 675 Direct labor cost The estimated total manufacturing overhead is closest to: $ 1,050 Multiple Choice $315,000 $252,000 $252,002 $63,000 30,000 $ 252,000 $ 2.10
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