Question
TB MC Qu. 2-134 (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. 2-134 (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 $ 690 $ 1,380 31,700 $ 253,600 $ 6 The unit product cost for Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $111.00
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