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:
Total machine-hours 30,400
Total fixed manufacturing overhead cost $ 425,600
Variable manufacturing overhead per machine-hour $ 5
Recently, Job T687 was completed with the following characteristics:
Number of units in the job 10
Total machine-hours 20
Direct materials $ 590
Direct labor cost $ 1,180
The total job cost for Job T687 is closest to .
(Round your intermediate calculations to 2 decimal places.)
Job-Order Costing:
Under the job order costing system, each process is treated and accounted for separately as the system is used only when the produced goods are different from each other. Manufacturing overhead is allocated using a predetermined overhead rate and it comprises of both the variable component and the fixed component.
Solved
Show answers
More tips
- C Computers and Internet How to Properly Order Clothing from International Online Stores...
- F Food and Cooking How to Calculate the Gender of Your Child with Blood?...
- S Society and Politics 10 Tips for Boosting Your Self-Esteem...
- C Computers and Internet How to Create a Folder on Your iPhone?...
- G Goods and services How to sew a ribbon: Tips for beginners...
- F Food and Cooking How to Make Mayonnaise at Home? Secrets of Homemade Mayonnaise...
- C Computers and Internet Which Phone is Best for Internet Surfing?...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
Answers on questions: Business
- B Business According to Butner (2011), performance optimization concept is described as a multi-enterprise, supply demand balancing solution. Which is NOT one of its core feature?...
- B Business Suppose that GDP is $50 million in 2015 but falls to $48 million in 2016, and that no changes in personal consumption expenditures, gross private domestic investment, and government...
- B Business Chelsea Milling Company makes Jiffy packaged baking mixes. It was established in 1930. It has never spent one cent on advertising, which is one reason it is able to pursue a(n) strategy...
- B Business is characterized by intangible outputs. Group of answer choices Service technology Mass production Large-batch production Small-batch production Continuous process production...
- B Business The owner of a small retail store does her own accounting work. How would you measure the opportunity cost of her work? The opportunity cost of the owner s accounting work is...
- B Business When companies adjust their processes to be sure they offer high-quality products and good service at competitive prices they are responding to which external force? a. The economic...
- B Business You have learned that earnings functions are one of the most investigated relationships in economics. These typically relate the logarithm of earnings to a series of explanatory variables...
- B Business Luxury Furniture designs and builds factory-made, premium, wood armoires for homes. All are of white oak. Its budgeted manufacturing overhead costs for the year 2017 are as follows....
- B Business International financial investors are moving funds from Talona to other countries. This depreciation is causing even more disenchantment with this Talona s currency. Describe the...
- B Business Suppose the minimum average total cost (ATC) of a firm competing in a competitive price-taker market was $1.00 per unit and that the firm s minimum average variable cost (AVC) was...
Ответ:
C) Thank them for the opportunity and let them know you’re open to any future opportunities 1