Question: 51 Help Save & Exit Submit Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate $405,000 of

51 Help Save & Exit Submit Banc Corp. Trust is considering either

51 Help Save & Exit Submit Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate $405,000 of indirect costs. The bankwide rate could be based on either direct labor hours (DLH) or the number of loans processed. The departmental rates would be based on direct labor hours for Consumer Loans and a dual rate based on direct labor hours and the number of loans processed for Commercial Loans. The following information was gathered for the upcoming period: Department DLH Consumer 13,000 Commercial 8,000 Loans Processed Direct Costs $310,000 $210,000 800 200 If Banc Corp. Trust uses a bankwide rate based on the number of loans processed, what would be the total costs for the Commercial Department? Multiple Choice $291,000 $272,600 $210,000 $81,000

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