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Lueckenhoff Corporation Uses a Job-Order Costing System with a Single

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Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours. The company has provided the following data concerning Job T498 which was recently completed:
Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours. The company has provided the following data concerning Job T498 which was recently completed:    -The predetermined overhead rate is closest to: A)  $11.90 per direct labor-hour B)  $7.10 per direct labor-hour C)  $9.50 per direct labor-hour D)  $2.40 per direct labor-hour
-The predetermined overhead rate is closest to:


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