Banc CorpTrust Is Considering Either a Bankwide Overhead Rate or Department

question 135

Multiple Choice

Banc Corp.Trust is considering either a bankwide overhead rate or department overhead rates to allocate $396,000 of indirect costs.The bankwide rate could be based on either direct labor hours (DLH) or the number of loans processed.The departmental rates would be based on direct labor hours for Consumer Loans and a dual rate based on direct labor hours and the number of loans processed for Commercial Loans.The following information was gathered for the upcoming period:
$$\begin{array} { | l | l | l | l | } \hline \text { Department } & \text { DLH } & \text { Loans Processed } & \text { Drect Costs } \\\hline \text { Consumer } & 14,000 & 700 & \$ 280,000 \\\hline \text { Commercial } & 8,000 & 300 & \$ 180,000 \\\hline\end{array}$$
If Banc Corp.Trust uses a bankwide rate based on direct labor hours,what would be the indirect costs allocated to the Consumer Department?

• A) $49,000.
• B) $252,000.
• C) $198,000.
• D) $396,000.

Apply concepts of population ecology to understanding sustainable human economies and societies.

Understand the mechanisms of density-dependent population control and their implications for population stability.

Understand the concept of replacement-level fertility and its impact on global population dynamics.

Identify the effectiveness of various forms of birth control.

---

Definitions:

EOM

End of Message, often used in emails to indicate that the main message is in the subject line and the email body can be ignored.

End Of Message

A term used in communication to indicate that no further information will follow in the current message.

Informal

Relaxed, casual, or not constrained by formal rules, procedures, or protocols.

Spelling

The correct formation of words with letters in the accepted order.