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TB MC Qu. 2-135 Lupo Corporation uses a job-order costing ... Lupo Corporation uses a job order costing system with a single plantwide predetermined overhead
TB MC Qu. 2-135 Lupo Corporation uses a job-order costing ... 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 32,600 $195,600 $ 4.00 Recently, Job T687 was completed with the following characteristics: Number of units in the 10 Job Total machine-hours Direct materials Direct labor cost $ 550 $1,100 If the company marks up its unit product costs by 40% then the selling price for a unit in Job T687 is closest to: Round your intermediate calculations to 2 decimal places.)
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