What the unit product cost for job is closest to

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Reference no: EM132611338

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 31,800

Total fixed manufacturing overhead cost $159,000

Variable manufacturing overhead per machine-hour $2

Recently, Job T687 was completed with the following characteristics:

Number of units in the job 10

Total machine-hours 30

Direct materials $660

Direct labor cost $1,320

Problem 1: The unit product cost for Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.)

Reference no: EM132611338

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