The Pine Tree Service provides tree services to consumers in the community. The manager reported that the indirect costs were $800,000 to run the log -cutting machine for 15,000 hours. Required: Compute the cost allocation rate OA. $120.00 per machine-hour B. $78.50 per machine-hour. O C. $53.33 per machine hour. D. $81.50 per machine- hour. OE. $63.33 per machine-hour. A recent Performance Report from Baker's Chocolate Factory revealed that there were budgeted revenues in October, 2012, of $2,000,000; and, the actual revenues were $2,110,000. Is the difference favorable or unfavorable? OA. $110,000 unfavorable O B. $1.05; favorable O C. $110,000 favorable O D. $4,110,000; favorable E. $1.05; unfavorable The Chandelier Shoppe's actual manufacturing overhead costs are $3,000,000. Overhead allocated on the basis of direct labor hours. The direct labor hours were 55,000 for the period. What is the manufacturing overhead rate? OA. $60.18 O B. $45.00 O C. $75.12 O D. $48.16 OE. $54.54 The contains six primary business functions in modern organizations O A. product chain OB. design chain OC. organizational chain D. value chain OE. production chain Which of the following statements about the direct or indirect cost classification is not true? A. O B. C. The direct/indirect classification depends on the choice of the cost object. The design of operations affects the direct or indirect cost classification. Indirect costs are always allocated. D. Indirect costs are always traced. E. All of these statements are true