Question

TB MC Qu. 2-133 Lupo Corporation uses a job-order costing ... 13 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: 303 points 8 023525 Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour 32,300 $581,400 $ 2 Print Recently, Job T687 was completed with the following characteristics 10 40 Number of units in the job Total machine-hours Direct materials Direct lojor cost $ 630 $1,260 The total Job cost for Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.)

Answer 1

Predetermined overhead rate= Total manufacturing overhead cost/Total machine hours

= ($2*32300+$581400)/32300= $20 per MH

	Job T687
Direct materials	$630
Direct labor	1260
Manufacturing overhead applied ($20*40)	800
Total job cost	$2690