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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: Total machinehours Total fixed manufacturing overhead cost Variable manufacturing overhead per machinehour RecentlyJob T was completed with the following characteristics: Number of units in the job Total machinehours Direct materials Direct labor cost If the company marks up its unit product costs by then the selling price for a unit in Job T is closest to Note: Round your intermediate calculations to decimal places
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