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TB MC Qu. 2-116 (Static) Lupo Corporation uses a job-order...Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on

TB MC Qu. 2-116 (Static) Lupo Corporation uses a job-order...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-hours30,000Total fixed manufacturing overhead cost$ 252,000Variable manufacturing overhead per machine-hour$ 2.10 Recently, Job T687 was completed with the following characteristics: Number of units in the job10Total machine-hours30Direct materials$ 675Direct labor cost$ 1,050 The estimated total manufacturing overhead is closest to:Multiple Choice

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