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Home Q & A Board Other Fields Homework Help Business Accounting
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mitch44 mitch44
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A year ago

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 predetermined overhead rate is closest to:



▸ $12.60 per machine-hour

▸ $10.50 per machine-hour

▸ $8.40 per machine-hour

▸ $2.10 per machine-hour
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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marlboromanmarlboroman
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A year ago
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mitch44 Author
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A year ago
This helped my grade so much Perfect
bkrandy
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Thank you, thank you, thank you!
DragonHeart
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Helped a lot
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