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Bane Corp. Trust is considering either a bankwide overhead rate or department overhead rotes to allocate $420,000 of indirect costs. The bankwide rate could be

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Bane Corp. Trust is considering either a bankwide overhead rate or department overhead rotes to allocate $420,000 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 aduat rate based on direct labor hours and the number of loans processed for Commercial Loans. The following information was gathered for the upcoming period: Department Consumer Commercial DLH 12, eee 1e.ee Loans Processed 850 200 Direct Costs $380, eee $280, eee Department Consumer Commercial DLH 12, see 10,000 Loans Processed 85e 200 Direct Costs $380,000 $280,000 Banc Corp. Trust uses a bankwide rate based on the number of loans processed, what would be the total costs for the Commercial Department

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