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TB MC Qu. 2-132 Lupo Corporation uses a job-order costing ... Lupo Corporation uses a job-order costing system with a single
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Answer #1

Predetermined Fixed Overhead Rate =Total Fixed Manufacturing OverheadCost Total Machine – hours

= 352,000/ 32,000

= $11 per hour

Variable Overhead Rate ( Given) = $3 per hour

Total Machine Hours in JOb T687 = 40 Hours

Total Overhead applied to Job T687 = $11 * 40 + $3 * 40 = $ 560

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