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Other Fields Homework Help Accounting Topic started by: booboo123 on Mar 26, 2023



Title: Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate ...
Post by: booboo123 on Mar 26, 2023

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-hours30,000
Total fixed manufacturing overhead cost$ 252,000
Variable manufacturing overhead per machine-hour$ 2.10

Recently, Job T687 was completed with the following characteristics:

Number of units in the job10
Total machine-hours30
Direct materials$ 675
Direct labor cost$ 1,050

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



▸ $315

$252



▸ $378

▸ $63


Title: Re: Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate ...
Post by: jewelzzP on Mar 26, 2023
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