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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

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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 30,500 $610,000 $ 6 Recently, Job T687 was completed with the following characteristics: Number of units in the job 10 Total machine-hours 30 Direct materials Direct labor cost $1,370 $ 690 The unit product cost for Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.) Direct labor cost 690 $1,370 The unit product cost for Job T687 is closest to: (Round your interme Multiple Choice O $206.00 0 $94.67 O $284.00 O $147.00 Brothern Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the most recently completed year appear below: Estimates made at the beginning of the year: Estimated machine-hours Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead Actual machine-hours for the year 35,900 $6.73 per machine-hour $801,288 33,300 The predetermined overhead rate for the recently completed year was closest to: Multiple Choice $22.32 per machine-hour $29.05 per machine-hour $28.56 per machine-hour $6.73 per machine-hour 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 30,500 $610,000 $6 Recently, Job T687 was completed with the following characteristics: Number of units in the job Total machine-hours Direct materials Direct labor cost 10 30 $690 $1,370 The amount of overhead applied to Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.) $780.00 $156.00 $893.60 O $610.00

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