Score: 0 of 1 pt 11 of 20 (9 complete) HW Score: 45%, 9 of 20 pts 0 E4-23 (similar to) Question Help Amesbury 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 2019, Amesbury budgets 2020 assembly.support costs to be $8,300,000 and 2020 direct labor-hours to be 166,000. At the end of 2020, Amesbury is comparing the costs of several jobs that were started and completed in 2020 (Click the icon to view the data) Read the requirements Data Table Requirement 1. Compute the (a) budgeted indirect-cost rate and (b) actual indirect contrate. Why do they differ? Identity the formula to calculate the budgeted indirect cost rate and then calculate the rate Budgeted indirect costa Construction period Direct materials costs Direct labor costs Direct labor hours Laguna Model Feb June 2020 $ 106.440 S $ 36,875 5 300 Mission Model May-Oct 2020 127.450 41.750 1,020 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 2020 actual assembly-support costs were $6,642.000, and the actual direct labor-hours were 182 000 Print Done Choose from any drop-down list and then click Check Answer 4 parts Clear Al Check