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 amount of overhead applied to Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) $380.00
B) $425.60
C) $466.00
D) $76.00
Correct Answer:
Verified
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