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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
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 33,000 Total fixed manufacturing overhead cost $660,000 Variable manufacturing overhead per machine- $ 6.00 hour Recently, Job T687 was completed with the following characteristics: 10 Number of units in the job Total machine-hours Direct materials Direct labor cost 40 $ 715 $1,430 The total job cost for Job T687 is closest to: Multiple Choice $2,145 O O $1,755 $3,185 O $2,470
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