Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...

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Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours.

business accounting

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Answer 1

Answer #1

Overhead rate = (310000/31000)+4 = 14 per hour

calculate unit product cost

Direct material	730
Direct labor	1460
Overhead (30*14)	420
Total product cost	2610
Unit	10
Unit product cost	261

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Answer 2

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