The company you work for currently allocates insurance costs on the basis of cost per direct labor
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The company you work for currently allocates insurance costs on the basis of cost per direct labor hour. This indirect cost component for the year is budgeted at $36,000. If the direct labor hours for departments A, B, and C are expected to be 2000, 8000, and 5000, respectively, this year, determine the allocation to each department.
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Total direct labor hours 2000 8000 5000 15000 hours Indirect cos...View the full answer
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