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11 Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate $368,000 of indirect costs. The bankwide rate could

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11 Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate $368,000 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 actual rate based on direct labor hours and the number of los processed for Commercial Loans. The following information was gathered for the upcoming period Department DLH Loans Processed Direct Costs Consumer 15:00 850 $260,000 Commercial B,000 150 $140,000 if Banc Corp. Trust uses a bankwide rate based on direct labor hours. What would be the indirect costs allocated to the Consumer Department? Saved Multiple Choice O $46,000 $240.000 $184,000 $368.000

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