Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based...
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Accounting
Lupo Corporation uses a joborder costing system with a single plantwide predetermined overhead rate based on machinehours. The company based its predetermined overhead rate for the current year on the following data:
Total machinehours
Total fixed manufacturing overhead cost $
Variable manufacturing overhead per machinehour $
Recently, Job T was completed with the following characteristics:
Number of units in the job
Total machinehours
Direct materials $
Direct labor cost $
The unit product cost for Job T is closest to:
Note: Round your intermediate calculations to decimal places.
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