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The Lincoln power plant that services all manufacturing departments of MidWest Engineering has a budget for the coming year. This budget has been expressed
The Lincoln power plant that services all manufacturing departments of MidWest Engineering has a budget for the coming year. This budget has been expressed in the following monthly terms. (Click the icon to view the budgeted data.) The expected monthly costs for operating the power plant during the budget year are $14,400 $3,000 variable and $11,400 fixed. Read the requirements Requirement 1. Assume that a single cost pool is used for the power plant costs. What budgeted amounts will be allocated to each manufacturing department if (a) the rate is calculated based on practical capacity and costs are allocated based on practical capacity and (b) the rate is calculated based on expected monthly usage and costs are allocated based on expected monthly usage? (Round the budgeted rate to the nearest cent.) Budgeted rate per hour Livonia Warren Dearborn Westland Total
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