General Media manufactures cassettes and CDs in separate divisions utilizing one plant location. The following data...

 

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General Media manufactures cassettes and CDs in separate divisions utilizing one plant location. The following data have been prepared for review. Fixed operation costs Practical capacity Budgeted usage Cassette Division CD Division $950,000 2,500 hours 2,000 hours 350 hours Budgeted variable cost per hour $400 per hour What is the allocated cost to the two General Media divisions, respectively, if budgeted usage is the base for fixed costs and actual usage is the base for variat (Use the dual-rate method.) Assume that the Cassette and CD Divisions used 1,750 and 200 hours, respectively. General Media manufactures cassettes and CDs in separate divisions utilizing one plant location. The following data have been prepared for review. Fixed operation costs Practical capacity Budgeted usage Cassette Division CD Division $950,000 2,500 hours 2,000 hours 350 hours Budgeted variable cost per hour $400 per hour What is the allocated cost to the two General Media divisions, respectively, if budgeted usage is the base for fixed costs and actual usage is the base for variat (Use the dual-rate method.) Assume that the Cassette and CD Divisions used 1,750 and 200 hours, respectively.