Sales Smart allocates advertising expenses to its two departments, F and M, using sales as the cost driver. For the current year the sales for department F are estimated to be $900,000 and for department M $600,000 and total advertising expenses are budgeted at $55,000. The indirect cost rate is: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.

a F$33,000: M $22,000

b $.036 per sales dollar

c F$.0611: M $.0917 per sales dollar

d F$36,667: M $18,333