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Petru 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 P987 was completed with the following characteristics:
Required:
Calculate the unit product cost for Job P987.
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A plan or approach for realizing and securing profits from a business venture, investment, or asset at a particular point in time.
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