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$2.10Recently, 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: (Round your intermediate calculations to 2 decimal places.)
A. $1,725
B. $990
C. $1,365
D. $2,040
Answer: D
You might also like to view...
A common response to adrenaline in the system is
a. blushing. b. increased hand or feet movement. c. sweating. d. all of the above
The body of legal decisions made by English court judges over a period of many years was called
a. constitutional law. b. administrative law. c. statute law. d. common law.
Unless language or circumstances indicate the contrary, a general assignment is:? A) a transfer of property only
B) both a transfer of rights and a delegation of duties. C) a delegation of duties only. D) a transfer of rights only.
In a corporation, the profits are taxed and then the profits are taxed again when paid to the shareholders, so there is double taxation of corporate profits
a. True b. False Indicate whether the statement is true or false