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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

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:
\table[[Total machine-hours,30,300],[Total fixed manufacturing overhead cost,575,700],[Variable manufacturing overhead per machine-hour,$4
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