view Homework: Module 2 Assignment Question 5, FAM4-B3 (book/static) HW Score: 60.61%, 30.31 of 50 points Close Part 2 of 10 Points: 0.31 of 15 Yoko Iwabuchi is the controller of Kondo, Inc., an electronic controls company located in After Ms. Iwabuchi attended the seminar, she suggested that Kondo experiment ion list V Osaka. She recently attended a seminar on activity-based costing (ABC) in Tokyo. with an ABC system in the Automotive Controls Department. She identified four Kondo's traditional cost accounting system has three cost categories: direct materials, main activities that cause indirect production costs in the department and selected direct labor, and indirect production costs. The company allocates indirect production a cost driver to use as a cost-allocation base for each activity as follows: costs on the basis of direct-labor cost. The following is the 20X0 budget for the automotive stion 1 (Click the icon to view the ABC data.) controls department (in thousands of Japanese yen): (Click the icon to view the 20X0 budget.) In 20X0 the Automotive Controls Department expects to produce 99,000 control units, use 560 quality control hours, and ship 8,300 boxes. tion 2 Read the requirements. on 3 Select the formula(s) and then calculate the indirect cost rate(s) under the traditional cost system. (Only use as many lines as needed to show the indirect cost rate(s) used under the traditional cost system. Round the rate(s) to two decimal places, .XX.) Indirect cost rate formula Indirect cost rate on 4 Indirect production costs Direct labor cost 0.50 per direct labor yen E on 5