i Data Table bly support) be $8,600 2017. the data.) Mission Model Laguna Model Feb-June 2017 Construction period e the (a) bu May-Oct 2017 127,325 Direct materials costs $ 106,350 $ Iculate the b Direct labor costs 36,276 $ 41,410 Direct labor-hours 930 1,070 alculate the a 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. Print Done enter any los pa ICI 59 pm CIPO Cincintain 5 Quesoon. 15 Question Help tieboro 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 Inbor hours is the allocation base for assembly support costs. In December 2016. Alfeboro budgets 2017 assembly support costs to be $8,600,000 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 III Click the icon to view the data.) Read the requirements Requirement 1. Compute the () budgeted indirect-cost rate and b) actual indirect costre Why do they differ? Identify the formula to calculate the budgeted indirect cost rate and then calculate the rate Budgeted indirect cost rate per DLH Identify the formula to calculate the actual Indirect cost rate and then calculate the rate Actual Indirect costat per DLH These rates or becaus Requirement 2. What are the job costs of the Laguna Model and the Mission Model using a normal costing and actual conting? (a) Identity the formula to calculate the indirect costs under normal conting and then calculate the indirect costs for each model x Indirect costs (Normal costing Laguna Mission X per OLH per DLH Choose from any stor enter any number in the input fields and then continue to the next question Save for Later delete Mboro Construction assembles residential houses. Its job.costing wom with two direct containes de materials and direct labor) and one indirect.cool pool sembly support). Direct labor hours is the location base for embly support cols in December 2016, Allebore budgets 2017 assembly support costs to be $3.000.000 and 2017 direct labor-hours to be 215,000. At the end of 2017. Aleborois comparing the cons of several jobs that were started and completed in 2017. Blick the icon to view the data) Read the moments Now clolate the total costs wing normal conting for each model Mission Normal conting model model I Laguna Total costs Only the format the Indirects under actual casting and then the indirect costs for each model Acha costing Laguna per DH * Mission per OLH X Now all the long losting for each model Laguna Model Mission Model Aulosting Choose from any list or enter any number in the input fields and then continue to the next question Sve for Later 9 De R Y . . per DLH per DLH () Idently the formula to calculate the indirect costs under actual conting and then calculate the indirect costs for each model Actual casting Indirect costs Laguna Mission Now calculate the total costs using actual costing for each model Laguna Mission Actual Costing Model Model Total costs Requirement 3. Why might Atleboro Construction prefer normal conting over actual conting? Alboro Construction might prefer normal costing over actual costing because normal costing Atleboro can use this information to Choose from any list or enter any number in the input fields and then continue to the next question Save for Later OON 3 8 9 0 . E R Y S F G . K