The Speedjet Aircraft Corporation Has a Central Materials Laboratory

question 15

Multiple Choice

The Speedjet Aircraft Corporation has a central materials laboratory. The laboratory has only two users, the Large Plane Department and the Small Plane Department. The following data apply to the coming budget year:

Budgeted amounts are used to calculate the allocation rates.
Actual usage for the year by the Large Plane Department was 70,000 technician hours and by the Small Plane Department was 80,000 technician hours. If a dual-rate cost-allocation method is used, what amount of materials laboratory costs will be budgeted for the Small Plane Department?

• A) $14,153,333
• B) $10,293,333
• C) $9,200,000
• D) $12,650,000

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Definitions:

Procedural Memory

Procedural memory involves the long-term memory of how to perform different actions and skills, essentially knowing "how" to do things, operating mostly at an unconscious level.

Long-Term Memory

A type of memory capable of storing an unlimited amount of information for periods ranging from a few days to a lifetime.

Declarative Memory

The aspect of human memory that involves the recall of facts and events.

Sexual Abuse

A form of maltreatment involving non-consensual sexual activities imposed on one person by another.