Attleboro Construction assembles residential houses. It uses a job-costing system with two direct cost categories (direct materials and direct labor) and one indirect-cost pool (assembly support). Direct labor hours is the allocation base for assembly support costs. In December 2016, Altleboro budgets 2017 assembly-support costs to be $8,600,000 and 2017 direct labor-hours to be 215,000. At the end of 2017, Attleboro is comparing the costs of several jobs that were started and completed in 2017 Click the icon to view the data.) Read the requirements Requirement 1. Compute the (a) budgeted indirect-cost rate and (b) actual indirect-cost rate. Why do they differ? Identify the formula to calculate the budgeted indirect cost rate and then calculate the rate. Budgeted indirect cost rate por DLH Identify the formula to calculate the actual indirect cost rate and then calculate the rate Actual indirect cost rate por DLH Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later Atleboro Construction assembles residential houses. It uses a job-costing system with two direct cost categories (direct materials and direct labor) and one indirect.cost pool (assembly support). Direct labor hours is the allocation base for assembly support costs. In December 2016. Atleboro budgets 2017 assembly support costs to be $8,600,000 and 2017 direct labor hours to be 215,000. At the end of 2017. Atleborois comparing the costs of several jobs that were started and completed in 2017 (Click the icon to view the date.) Read the resents Requirement 1. Compute the (a) budgeted indirect cost rate and (a) actual indirect cost rate. Why do they differ? Identify the formula to calculate the budgeted indirect cost rate and the calculate the rate Budgeted Indirect contrato por DLH Identify the formula to calculate the actual indirect contrate and then called the rate Actual indirect costo per DUH These rates differ because Requirement 2. What are the job costs of the Laguna Model and the Mission Modeling (a) normal costing and actual conting? (a) Identify the form to calculate the indirect costs under normal cing and then calculate the Indirect costs for each mode (Noma costing Indirect costs Laguna por DLH Choose from any store any number in the input fields and then continue to the next Gestion per DH Atleboro Construction assembles residential houses, use a job-costing system with two direct.cool categories (direct materials and direct labor) and one Indirect-cost pool assembly support). Direct labor hours is the allocation base for assembly support costs. In December 2016. Atleboro budgets 2017 assembly support costs to be 58,600,000 and 2017 direct labor-hours to be 215,000. At the end of 2017, Atleboro is comparing the costs of several jobs that were started and completed in 2017 (Click the icon to view the data) Read the girements Now calculate the total costs using normal costing for each model Laguna Mission Normal conting model model Total costs (b) Identify the formula to calculate the indirect costs under actual costing and then calculate the Indirect costs for each model (Actual cosano) Indirect costs Laguna per DLH Mission per DUH X Now calculate the total costs using actual conting for each model Laguna Mission Actual Costing Model Model Choose from any list or enter any number in the input fields and then continue to the next question Upon comparing the costs of several jobs that were started and completed in 2017 M(Click the icon to view the data) Read the requirements (b) Identity the formulato collate the Indirect costs under costing and the calculate the Indirect costs for each model (Actual contingl Indirect costs Laguna por OLH Per OLH Mission Now collate the total costs using actual conting for each model Laguna Mission Actual Costing Model Model Total costs Requirements. Why might Atleboro Construction prefer normal cing over actual costing? Atleboro Construction might prefer normal costing over actual costing bose normal oosting Atleboro can use this information to Choose from any list or enter any number in the input fields and the continue to the nex enables Alboroto report a job cool as soon as the job is completed provides more accurate cost data in higher profits Save for Later E R. 0 G Indhoot costs Actual costing) Laguna Mission per DLH per DLH X Now collate the total costs using actual costing for each model Laguna Mission Actual Costing Model Model Tolos Requirement 3. Why might Alboro Construction prefer normal costing over actual conting? Atleboro Construction might preferoma costing over actual conting because normal costing Atleboro can use this information to the next question evate previous years amings manage the cost of their current jobs and bid on similar jobber in the year MacBook Pro 5 8 9 0 Q W E R Y U O P S F . CVB N. and direct labor pboro budgets 2017 e costs of several jobs in assembles rep ssembly support mosts to be $8,600 Data Table eted in 2017 to view the data ments Laguna Model Mission Model Compute the (a) bu S mula to calculate the Construction period Feb-June 2017 May-Oct 2017 Direct materials costs 106,350 $ 127,325 Direct labor costs $ 36,276 $ 41,410 Direct labor-hours 930 1,070 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 2017 actual assembly-support costs were $6,642,000, and the actual direct labor hours were 162,000. ne formula to calculate the from any list of enter any Print Done