Question: 23:13 Sun Feb 16 rer) @ ezto.mheducation.com () Question 30 - TEST 1 - CH1-3 AND 5-6 - Connect TEST 1- CH1-3 AND 5-6 @
23:13 Sun Feb 16 rer) @ ezto.mheducation.com () Question 30 - TEST 1 - CH1-3 AND 5-6 - Connect TEST 1- CH1-3 AND 5-6 @ Saved Help Save Exit Submit 3 O A company has two production departments, Molding and Finishing. Both departments are serviced by a single service departmenthuman resources (Hk). Service department costs are allocated to production departments on the basis of service department hours. The HR department has fixed costs of $450,000. In addition, the HR department incurs a rate of $30 per hour in variable costs. Budgeted and actual HR department hours in each production department are as follows: Production Department Budgeted Hours Actual Hours Molding 2,000 1,000 Finishing 3,000 6,000 Total 5,000 7,000 If a single-rate cost allocation method is used, what amount of HR services cost will be allocated to the Molding department
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