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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 33,000 Total Eixed manufacturing overhead cost $660,000 Variable manufacturing overhead per machine-hour $ 6.00 Recently. Job T687 was completed with the following characteristics: Number of units in the job 10 Total machine-hours 40 Direct materials Direct labor cost $1,430 If the company marks up its unit product costs by 40% then the selling price for a unit in Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.) $ 715 of the company marks up its unit product costs by 40% then the selling price for a unit in Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice 37 $445.90 O $1.014.00 o $127.40 $300.30

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