(2x) T15-1 (similar to) Question Help Vanderbilt Metal Works produces two types of metal lamps. Vanderbilt manufactures 26,000 basic lamps and 5,500 designer lamps. Its simple costing system uses a single indirect-cost pool and allocates costs to the two lamps on the basis of direct manufacturing labor-hours. It provides the following budgeted cost information: FFA (Click the icon to view the information.) Calculate the total budgeted costs of the basic and designer lamps using Vanderbilt's simple costing system Begin by calculating the budgeted indirect cost rate for the single indirect-cost pool. First select the formula, then enter the applicable amounts and calculate the rate. (Abbreviations used: MOH = Manufacturing Overhead.) Budgeted MOH rate Bed per manufacturing labor hour ed Choose from any list or enter any number in the input fields and then click Check Answer Vanderbilt Metal Works produces two types of metal lamps. Vanderbilt manufactures 26,000 basic lamps and designer lamps. Its simple costing system uses a single indirect-cost pool and allocates costs to Data Table Imps on the basis of direct manufacturing labor-hours. It provides the following budgeted cost (Click the icon to view the information.) A Data Table Total edit Basic Lamps Designer Lamps Direct materials per lamp $ 10 $ 20 Direct manufacturing labor per lamp 0.4 hours 0.7 hours Direct manufacturing labor rate per hour $ 20 $ 20 Indirect manufacturing costs $ 256,500 Print Done Choose from any list or enter any number in the input fields and then click Check