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Sivret 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 M598 was completed with the following characteristics:
The unit product cost for Job M598 is closest to: (Round your intermediate calculations to 2 decimal places.)
Oranges
Citrus fruits known for their juicy and sweet flavor, often consumed directly or used in various culinary dishes and drinks.
Peaches
A type of fruit known for its sweet flavor and fuzzy skin that grows on trees in temperate regions.
Opportunity Cost
The price of foregoing the next most desirable option when a decision is made.
Cell Phones
Portable electronic devices used for mobile communication, including voice calls, text messaging, and internet access.
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