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-hours30,000Total fixed manufacturing overhead cost$ 252,000Variable manufacturing overhead per machine-hour$ 2.10 Recently, Job T687 was completed with the following characteristics:Number of units in the job10Total machine-hours30Direct materials$ 675Direct labor cost$ 1,050The total job cost for Job T687 is closest to:
A. $1,725
B. $990
C. $2,040
D. $1,365
Answer: C
You might also like to view...
Which of the following is true of disposition of collateral?
A) Disposition of collateral must be a public proceeding. B) The debtor is entitled to receive any surplus collateral that remains after disposition. C) The debtor need not be notified of the disposition as the creditor has complete claim on the collateral. D) Disposition of collateral occurs when the default is by the creditor.
A tenancy for years terminates automatically, without notice, on the expiration of the stated term
Indicate whether the statement is true or false
It is legal for a person to turn a blank indorsement into a special endorsement
Indicate whether the statement is true or false
A marketing strategy consists of the selection and analysis of a target market and
A. the examination of potential market regions. B. the determination of product features and benefits to meet the customers' needs. C. decisions about how to distribute the product and at what price. D. decisions about how and where to advertise and promote the product. E. the creation and maintenance of an appropriate marketing mix.