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Answer the Following Question(s)using the Information Below

question 35

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Answer the following question(s) using the information below:
The Fancy Flier Airplane 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:
Answer the following question(s) using the information below: The Fancy Flier Airplane 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 6,000 technician hours and by the Small Plane Department was 6,500 technician hours. -If a single-rate cost allocation method is used, what amount of materials laboratory costs will be allocated to the Large Plane Department? Assume actual usage is used to allocate copying costs. A) $1,057,500 B) $822,500 C) $763,750 D) $705,000 E) $1,476,923 Budgeted amounts are used to calculate the allocation rates.Actual usage for the year by the Large Plane Department was 6,000 technician hours and by the Small Plane Department was 6,500 technician hours.
-If a single-rate cost allocation method is used, what amount of materials laboratory costs will be allocated to the Large Plane Department? Assume actual usage is used to allocate copying costs.


Definitions:

River

A large natural stream of water flowing in a channel to the sea, a lake, or another river, often a central feature in ecosystems and human civilizations.

Lower Reaches

The downstream part of a river close to its mouth where it meets a larger body of water.

Aquifer

An underground layer of water-bearing permeable rock, rock fractures or unconsolidated materials (gravel, sand, or silt) that can yield significant quantities of water.

Well

A deep hole drilled or dug into the ground to access water, oil, gas, or other underground resources.

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