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Question 7 Time: 20 minutes Total: 13 marks Bob's Electronics Inc. manufactures high-tech screens for computers. In June, the two production departments had budgeted allocation

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Question 7 Time: 20 minutes Total: 13 marks Bob's Electronics Inc. manufactures high-tech screens for computers. In June, the two production departments had budgeted allocation bases of 13,100 machine hours in Department 1 and 7,200 direct manufacturing labour hours in Department 2. The budgeted manufacturing overheads for the month were $57,640 and 541,760, respectively. For Job 101, the actual costs incurred in the two departments were as follows: Department ID Det erials per 6.000 Direct materials used Docunfacturing the Indirect materials wed Job 101 incurred 1,700 machine hours in Department 1 and 910 manufacturing labour hours in Department 2. The company uses a budgeted departmental overhead rate for applying overhead to production is. What is the budgeted indirect cost allocation rate for Department 1? (4 marks) 16. What is the budgeted indirect cost allocation rate for Department 2? (4 marks) 17. What is the total cost assigned to Job 101 based on normal costing

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