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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
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 Eixed manufacturing overhead cost Variable manufacturing ovechead per machine ho 30,200 S120, 800 $ 6.00 Recently, Job T687 was completed with the following characteristics 10 Number of units in the Job Total machine-hour Direet materials Direct labor cost 40 $ 710 $1,410 The unit product cost for Job T687 is closest to Multiple Choice
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