The Toledo 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: EE(Click the icon to view the budgeted data.) The expected monthly costs for operating the power plant during the budget year are $25,900 $14,000 variable and $11,900 fixed. Requirements Read the requirements 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 Requirement 1. Assume that a single cost pool is used for the power plant costs. What budgeted amounts will be allocated to each m based on practical capacity and (b) the rate is calculated based on expected allocated based on practical capacity and (h) the rate is calculated based on expected monthly usane and costs are allocated based o monthly usage and costs are allocated based on expected monthly usage? 2. Assume the dual-rate method is used with separate cost pools for the ( a ) variable and fixed costs. Variable costs are allocated on the basis of Data table Budgeted rate per hour expected monthly usage. Fixed costs are allocated on the basis of practical capacity. What budgeted amounts will be allocated to each manufacturing department? Why might you prefer the dual-rate method? Livonia Needed at Practical Capacity Manufacturing Warren Production Level (Kilowatt- Average Expected Monthly Department Hours Usage (Kilowatt-Hours) Dearborn Livonia 12,000 17,000 Westland Print Done Warren 25.000 15.000 Total Dearborn 15,000 19,000 Westland 18,000 19.000 Total 70,000 70,000 Help me solve this Etext p Clear all Check