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Banc CorpTrust Is Considering Either a Bankwide Overhead Rate or Department

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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:
 Department  DLH  Loans Processed  Direct Costs  Consumer 14,000700$280,000 Commercial 8,000300$180,000\begin{array} { | l | l | l | r | } \hline \text { Department } & \text { DLH } & \text { Loans Processed } & \text { Direct 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 the number of loans processed,what would be the total costs for the Consumer Department?

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Definitions:

Parthenogenesis

A mode of reproduction in which offspring are produced by a female without male contribution, often involving the development of embryos from unfertilized eggs.

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A viscous fluid produced by male reproductive organs, containing spermatozoa and various compounds that support fertility and sperm viability.

Sperm Maturation

The process by which spermatozoa undergo physical and biochemical changes to gain motility and the ability to fertilize an egg.

Sertoli Cells

Supporting cells of the tubules of the testis.

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