Avery 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, Avery budgets 2017 assembly-support costs to be $8,300,000 and 2017 direct labor-hours to be 166,000. At the end of 2017, Avery is comparing the costs of several jobs that were started and completed in 2017. IClick the icon to view the data ) Data Table 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. Construction period Feb-June 2017 May-Oct 2017 = Budgeted indired Direct materials costs $ 106,430 $ 127,970 41,520 = Direct labor costs $ 36,875 $ 910 Identify the formula to calculate the actual indirect cost rate and then calculate the rate. Direct labor-hours 1,09 = Actual indirect 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 $6,520,000, and the actual direct labor-hours were 163,000. These rates differ because Requirement 2. What are the job costs of the Laguna Model and the Mission Model using (a) normal costing and Print Done (a) Identify the formula to calculate the indirect costs under normal costing and then calculate the indirect costs for (Normal costing) Indirect Laguna per DLH Mission per DLH X =