amber of units in the job tal machine-hours Sreet materials rect labor cost 10 36 $550 $ 1,100 unit product cost for Job T687 is closest to (Round your intermediate calc

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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
Total machine-hours
Total fixed manufacturing overhead cost
Variable manufacturing overhead per nachine-hour
Recently, Job T687 was completed with the following characteristics
Number of units in the job
Total machine-hours
Direct materials
$550
Direct labor cost
$ 1,100
The unit product cost for Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.)
Maple Choice
O
O
O
$165.00
$85.00
$195.00
10
30
$65.00
32,600
$195,600
$4
Transcribed Image Text: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 Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per nachine-hour Recently, Job T687 was completed with the following characteristics Number of units in the job Total machine-hours Direct materials $550 Direct labor cost $ 1,100 The unit product cost for Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.) Maple Choice O O O $165.00 $85.00 $195.00 10 30 $65.00 32,600 $195,600 $4
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