Amesbury Construction assembles residential houses, It uses a job-costing system with two direct-cost categories (direct materiais and direct labor) and one ind Direct labor-hours is the allocation base for assembly support costs. In December 2019, Amesbury budgets 2020 assembly-5upport costs to be $8,500,000 and the end of 2020, Amesbury is comparing the costs of several jobs that were started and completed in 2020. Ex (Click the icon to view the data.) Read the requirements. Data table Requirement 1. Compute Identify the formula to cald Identify the formula to cald These rates differ becaun Direct materials and direct labor are paid for on a contract basis. The costs of each are known when direct materials are used or when direct labor-hours are worked The 2020 actual assembly-support costs were $7,425,000, and the actuat direct labor-hours were 165,000 . Regutrement 2. What are (a) Identify the formula to portith Now calculate the total costs using normal costing for each model. Amesbury Construction assembles revidential houses. it uses a job-conting systom with fwo diect-cost categories (droct materiss and direct bibor) and one indirect-cost pool (assembly support). the end of 2020, Amesbury is comparing nee coets of several jobs that wore started and compleled in 2020. (Click the ican Bhyew the data) Reas the teaviaments Requirement 1. Compute the (a) budgoled indirect cost rate and (b) actual indrect-cost rate. Why fo they siffer? Idertify the formula to calculate the budgeted indirect coat rate and then calculate the rate. Fequirement 2. What ars the jo costs of the Laguna Model and the Massion Model using (a) nomal coating and (b) actual costing? Now calculate the total costs using normal costing for each model. (b) Identify the formula to calculate the indirect costs under actual co Now calculate the total costs using actual costing for each model. Total costs (Acinil colting) Logua * indrectobis Masion Anatury can use vis indormation to