Question 19, E4-23 (similar to) Part 7 of 12 Acre 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, Acre budgets 2017 assembly-support costs to be $8,280,000 and 2017 direct labor-hours to be 230,000. At the end of 2017, Acre is comparing the costs of several jobs that were started and completed in 2017. (Click the icon to Read the requirement Requirements 2 - X - X 8.2 1. Compute the (a) budgeted indirect-cost rate and (b) actual indirect-cost rate. Why do they differ? Identify the formula to Actual ind 8,3 2. What are the job costs of the Laguna Model and the Mission Model using (a) normal costing and (b) actual costing? Data table 3. Why might Acre Construction prefer normal costing over actual costing? These rates differ bed Requirement 2. Wha Print Done (a) Identify the formul (Normal costing) Budgeted indirect cost rate Laguna 106250 per DLH x Construction period Laguna Model Feb-June 2017 Mission Model May-Oct 2017 Direct materials costs $ Direct labor costs $ Direct labor-hours 106,250 S 36,475 $ 960 127.625 41.210 1,090 Actual direct labor hours Indirect costs 36475 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 $8,316,000, and the actual direct labor-hours were 154,000. Mission per DLH X Help me solve this Etext pages Get more help- Type here to search 2 Print Done 47F A 11:10 PM 3/20/2022