Business, 18.02.2020 22:40 kelseybell5360

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 32,600 Total fixed manufacturing overhead cost $ 195,600 Variable manufacturing overhead per machine-hour $ 4.00 Recently, Job T687 was completed with the following characteristics: Number of units in the job 10 Total machine-hours 30 Direct materials $ 550 Direct labor cost $ 1,100 If the company marks up its unit product costs by 40% then the selling price for a unit in Job T687 is closest to:

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

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