Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
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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 Recently, Job T687 was completed with the following characteristics: Number of units in the job Total machine-hours Direct materials Direct labor cost 10 20 $ 590 $1,180 30,400 $425,600 $ 5.00 The unit product cost for Job T687 is closest to: (Round your Intermediate calculations to 2 decimal places.) Multiple Choice $97.00 $107.50 $177.00 $215.00 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 Recently, Job T687 was completed with the following characteristics: Number of units in the job Total machine-hours Direct materials Direct labor cost 10 20 $ 590 $1,180 30,400 $425,600 $ 5.00 The unit product cost for Job T687 is closest to: (Round your Intermediate calculations to 2 decimal places.) Multiple Choice $97.00 $107.50 $177.00 $215.00
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