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: 
Recently, Job T687 was completed with the following characteristics:
The predetermined overhead rate is closest to:
Definitions:
Ratio Data
A type of quantitative data that not only measures the magnitude but also allows for the comparison of differences and the calculation of ratios, having an absolute zero point.
Categorical Data
Data that can be categorized into groups or categories that are mutually exclusive, without any natural ordering.
Obtaining
The act of acquiring or getting something through effort or request.
VLOOKUP
A function in spreadsheet programs that searches for a value in the first column of a table and returns a value in the same row from a specified column.
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