Lupo Corporation uses a joborder costing system with a singl

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 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour$ 31,000 $310,000 4 Recently. Job T687 was completed with the following characteristics: Number of units in the job Total machine-hours Direct materials Direct labor cost 10 30 $ 730 $1,460 The amount of overhead applied to Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.)

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Statement of Overhead - JOB T687
Particulars	Calculations	Amount
Fixed Overhead applied to job	310000*30/31000	300
Variable Overhead	4*30	120
Total Overhead		420
Statement of Total Cost - JOB T687
Particulars	Amount
Direct Material	730
Direct Labour	1460
Variable Overhead	120
Fixed Overhead	300
Total Cost	2610