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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 rate

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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 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 coat Variable manufacturing overhead per machine- hour 30,900 $154,500 $ 3.00 Recently, Job T687 was completed with the following characteristics: 10 Number of units in the job Total machine-hours Direct materials Direct labor cost 30 $ 740 $1,480 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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