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TB MC Qu. 2-119 (Algo) Lupo Corporation uses a job-order.... Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate
TB MC Qu. 2-119 (Algo) 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-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Recently, Job T687 was completed with the following characteristics: Number of units in the job Total machine-hours Direct materials Direct labor cost 10 30 $ 740 $ 1,480 30,900 $ 154,500 $ 3 The total job cost for Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $1,720 $2.220
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