Answer the Following Questions Using the Information Below:
the Speedjet

question 102

Multiple Choice

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:
$\begin{array}{lll}\text { Fixed costs per year }&\$8,000,000\\\text { Variable costs }&\$ 70 \text { per technician hour }\\\text { Budgeted long-run usage in hours per year: }\\\text { Large Plane Department } & 80,000 \text { technician hours } \\\text { Small Plane Department } & 70,000 \text { technician hours }\end{array}$ 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 allocated to the Small Plane Department? Assume budgeted usage is used to allocate materials laboratory costs and actual usage is used to allocate variable materials laboratory costs.

• A) $8,225,000
• B) $8,050,000
• C) $8,483,333
• D) $8,783,333

Discover the psychological concepts of regression and gender constancy in child development.

Understand the concept of, and differences between, various parenting styles.

Comprehend the basics of gender-schema theory and gender constancy.

Grasp the significance and types of play in children’s development.

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Definitions:

Corporate Tax Table

A chart outlining the rates of taxation applicable to corporations for various levels of taxable income.

Individual Tax Tables

Tables published by tax authorities that show tax rates and brackets applicable to various levels of taxable income for individuals.

Corporate Tax System

The legal framework governing how businesses are taxed by the government on their profits, varying significantly between countries.

Early Income

Revenue or earnings generated before the usual or expected time, often within a fiscal period.