Business
Business, 08.10.2020 14:01, Cate9216

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 30,000
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 job 10
Total machine-hours 30
Direct materials $ 675
Direct labor cost $1,050
If the company marks up its unit product costs by 40% then the selling price for a unit in Job T687 is closest:

answer
Answers: 3

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Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate...

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