Top Posters
Since Sunday
New Topic  
kitkat867 kitkat867
wrote...
Posts: 115
Rep: 1 0
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-hours32,500
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 job10
Total machine-hours40
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
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
Read 41 times
1 Reply
Replies
Answer verified by a subject expert
pipi123pipi123
wrote...
Posts: 142
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

kitkat867 Author
wrote...

A year ago
This calls for a celebration Person Raising Both Hands in Celebration
wrote...

Yesterday
Smart ... Thanks!
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1280 People Browsing
Related Images
  
 276
  
 145
  
 987
Your Opinion
Which country would you like to visit for its food?
Votes: 204