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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 | 30,200 | |
Total fixed manufacturing overhead cost | $ | 120,800 |
Variable manufacturing overhead per machine-hour | $ | 6 |
Recently, Job T687 was completed with the following characteristics:
Number of units in the job | 10 | |
Total machine-hours | 40 | |
Direct materials | $ | 710 |
Direct labor cost | $ | 1,410 |
The total job cost for Job T687 is closest to:
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