Examlex

Solved

Answer the Following Question(s)using the Information Below

question 172

Multiple Choice

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 is the allocation rate per hour used? A) $80.00 B) $117.50 C) $146.67 D) $100.00 E) $128.00 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 is the allocation rate per hour used?


Definitions:

Evaluated Favorably

Being assessed or judged in a positive manner, often in the context of performance reviews, project outcomes, or personal achievements.

Implementing Agreement

The process of putting into action or executing terms, policies, or strategies that have been agreed upon.

Negotiating Agreement

The act of discussing and arriving at a mutually acceptable arrangement or deal.

Establishing Process

The act of setting up or starting a series of actions or operations to achieve a specific goal or outcome.

Related Questions