Biology Forums - Study Force

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	32,500
Total fixed manufacturing overhead cost	$ 455,000
Variable manufacturing overhead per machine-hour	$ 5

Recently, Job T687 was completed with the following characteristics:

Number of units in the job	10
Total machine-hours	40
Direct materials	$ 710
Direct labor cost	$ 1,420

The amount of overhead applied to Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.)

▸ $760.00

▸ $455.00

▸ $875.60

▸ $152.00

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