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TB MC Qu$.2-120($Algo$)$ Lupo Corporation uses a job$-$order...

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:

$\backslash$table$[[$Total machine$-$hours,$32,000],[$Total fixed manufacturing overhead cost,$$352,000$