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Answer the Following Questions Using the Information Below:
the Speedjet

question 39

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Answer the following questions using the information below:
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 costs of operating the materials laboratory
for 100,000 to 200,000 technician hours per year:
 Fixed costs per year $8,000,000 Variable costs $70 per technician hour  Budgeted long-run usage in hours per year:  Large Plane Department 80,000 technician hours  Small Plane Department 70,000 technician hours \begin{array}{lll}\text { Fixed costs per year }&\$8,000,000\\\text { Variable costs }&\$ 70 \text { per technician hour }\\\text { Budgeted long-run usage in hours per year: }\\\text { Large Plane Department } & 80,000 \text { technician hours } \\\text { Small Plane Department } & 70,000 \text { technician hours }\end{array} 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 65,000 technician hours.
-If a single-rate cost-allocation method is used,what is the allocation rate per hour used?


Definitions:

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Psychiatrist

A medical doctor specializing in the diagnosis, treatment, and prevention of mental illnesses, capable of prescribing medication.

Psychopharmacology

is the study of the use of medications in treating mental disorders, focusing on how psychoactive substances interact with the brain and influence behavior.

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A psychiatric treatment where seizures are electrically induced in patients to provide relief from mental disorders.

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