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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

31,800

Total fixed manufacturing overhead cost

$

159,000

Variable manufacturing overhead per machine-hour

$

2

Recently, Job T687 was completed with the following characteristics:

Number of units in the job

10

Total machine-hours

30

Direct materials

$

660

Direct labor cost

$

1,320

The total job cost for Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.)

Garrison 16e Rechecks 2017-06-28

Multiple Choice

  • $1,530
  • $2,190
  • $1,980
  • $870

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