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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 predetermined overhead

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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 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 32,300 5581,400 $ 2.00 Recently, Job T687 was completed with the following characteristics Number of units in the Total machine-hours Direet materiala Direct labor cost The unit product cost for Job T687 is closest to Multiple Choice O $260.00 $6725 Io ooo O $143.00 O $29.00

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