Question
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 30,400 Total fixed manufacturing overhead cost $ 425,600 Variable manufacturing overhead per machine-hour $ 5 Recently, Job T687 was completed with the following characteristics: Number of units in the job 10 Total machine-hours 20 Direc t materials $ 590 Direct labor cost $ 1,180 The amount of overhead applied to Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.) Garrison 16e Rechecks 2017-06-28 Multiple Choice $425.60 $466.00 $76.00 $380.00
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