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the end of 2020, Avery is comparing the costs of several jobs that were started and completed in 2020. (Click the icon to view the
the end of 2020, Avery is comparing the costs of several jobs that were started and completed in 2020. (Click the icon to view the data.) Read the requirements. Requirement 1. Compute the (a) budgeted indirect-cost rate and (b) actual indirect-cost rate. Why do they differ? Identify the formula to calculate the budgeted indirect cost rate and then calculate the rate. Data table Requirements 1. Compute the (a) budgeted indirect-cost rate and (b) actual indirect-cost rate. Why do they differ? 2. What are the job costs of the Laguna Model and the Mission Model using (a) normal costing and (b) actual costing? 3. Why might Avery Construction prefer normal costing over actual costing
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