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Exit Harootunian Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine hours. The company based its predetermined overhead

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Exit Harootunian 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 80,000 $312,000 $ 2.10 Recently, Job T629 was completed with the following characteristics: Number of units in the job Total machine-hours 50 200 The amount of overhead applied to Job T629 is closest to Multiple Choice $1,620 $780 $1.200 $420

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