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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: 32,300 Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour $581,400 $ 2 Recently, Job T687 was completed with the following characteristics: 10 40 Number of units in the job Total machine-hours Direct materials Direct labor cost $ 630 $ 1,260 The unit product cost for Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.)
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