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

question 231

Multiple Choice

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 estimated total manufacturing overhead is closest to:

• A) $315,000
• B) $252,000
• C) $252,002
• D) $63,000

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