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 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
31,700
Total fixed manufacturing overhead cost
$ 253,600
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
30
Direct materials
$ 690
Direct labor cost
$ 1,380
The total job cost for Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.)
Multiple Choice
$1,800
$2,070
$1,110
$2,490
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