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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 joborder costing system with a single plantwide predetermined overhead rate based on machinehours. The company based its predetermined overhead rate for the current year on the following data:
tableTotal machinehours,Total fixed manufacturing overhead cost,Variable manufacturing overhead per machinehour,$
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