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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:
Total machine-hours
Total fixed manufacturing overhead cost
30,700 $337,700
Variable manufacturing overhead per machine-hour
$4
Recently, Job T687 was completed with the following characteristics:
\table[[Number of units in the job,10],[Total machine-hours,20],[Direct materials,$1,150
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