From the following budgeted data, calculate the budgeted indirect cost rate that would be used in a

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From the following budgeted data, calculate the budgeted indirect cost rate that would be used in a normal costing system.

Actual results for the year were the following:

Total direct labor hours 100,000

Total indirect labor hours 35,000

Direct costs $900,000

Total indirect labor related costs $400,000

Total indirect non-labor related costs $250,000

The budgeted indirect cost rate is:

A $7

B $19

C $16

D $9

Related Book For answer-question

Process Dynamics And Control

ISBN: 978-0471000778

2nd Edition

Authors: Dale E. Seborg, Thomas F. Edgar, Duncan A. Mellich

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Posted Date: Aug 29, 2018 08:17 AM

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From the following budgeted data, calculate the budgeted indirect cost rate that would be used in a

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