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Answer the Following Questions Using the Information Below:
the Speedjet

question 54

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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 dual-rate cost-allocation method is used,what amount of materials laboratory costs will be budgeted for the Small Plane Department?


Definitions:

Attraction To Group-Social

The inclination of individuals to be drawn to and desire affiliation with groups for social connection and identity.

Group Integration-Task

The extent to which members of a group are cohesive and unified towards achieving a common task or goal.

Cohesion

refers to the degree of camaraderie and unity within a group, influencing its efficiency, satisfaction, and longevity.

Instrumental Means

Tools or methods used to achieve a specific end or goal, especially within the context of achieving desired outcomes or objectives.

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