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 30,200
total fixed manufacturing overhead cost $ 120,800
variable manufacturing overhead per machine-hour $ 6
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 $ 1,410
required:
1. the amount of overhead applied to job t687 is closest to (round your intermediate calculations to 2 decimal places.)
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