Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the speedjet aircraft corporation has a central ma

The Speedjet Aircraft Corporation has a central materials laboratory. The laboratory has only two users,...

50.1K

Verified Solution

Question

Accounting

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 $8,200,000
Variable costs $74 per technician hour

Budgeted long-run usage in hours per year:

Large Plane Department 90,000 technician hours
Small Plane Department 110,000 technician hours

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 80,000 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?

$12,650,000

$9,200,000

$10,293,333

$14,153,333

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Use of methanol has been proposed to rid a wastewater of nitrate by biological denitrification to...

Biology
Q

How many different codons code for serine SER 38 Arg R Ser 5 Lys 8...

Biology
Q

13 Given the formula A r find the area A of a circle whose radius...

Geometry
Q

A computer can be classified as either cutting-edge or ancient. Suppose that 92% of computers...

Statistics
Q

[The following information applies to the questions displayed below.) Westerville Company reported the following results...

Accounting
Q

University Printers has two service departments (Maintenance and Personnel) and two operating departments (Printing and...

Accounting
Q

Exercise 13-4 (Algo) Special Order Decision [LO13-4] Imperial Jewelers manufactures and selis a gold bracelet...

Accounting
Q

Nova Company's total overhead cost at various levels of activity are presented below Month April...

Accounting
Q

16. A U.S. company's foreign subsidiary had the following amounts in stickles (), the functional...

Accounting
Q

ABC Corporation is owned 30 percent by Andy, 30 percent by Barry, 20 percent by...

Accounting
Q

Reba Dixon is a fifth-grade school teacher who earned a salary of $38,000 in 2021...

Finance
Q

Compute the missing amounts in the contribution income statement shown below: Company A 5,000 Company...

Accounting