These rates differ because

1. both the cost and hour amounts in the two calculations are different

2. the cost amounts in the two calculations arw different

3. the hour amounts in the two calculations are different

requirement 3:

1. enables andrews to report a job cost as soon as the job is completed

2. provides more accurate cost data

3. results in higher profits

1. evaulate previous years earnings

2. manage cost of current jobs

Andrews Construction assembles residential houses. It uses a pob-costing system with two direct cost categories direct materials and direct labor) and one indirect.cost pool assembly support Director housse allocation base for assembly support costs in December 2016 Andrews budgets 2017 assemblypport costs to be 58.500.000 and 2017 decor hours to be 170 000. At the end of 2017 Andrews is comparing the costs of several jobs that were started and completed in 2017 (Click the icon to view the data) Read the ents Budgeted indirect cost rate per DUH Identify the formula to calculate the actual direct cost rate and then calculate the rate Actuating coste Data Table per DUH These cases der because Construction period Direct materials costs Direct laboros Direct labor hours Laguna Model Feb June 2017 $ 106250 5 5 366255 900 Mission Model May-od 2017 127.625 41.520 1000 Requirement 2. What are the job costs of the Laguna Model and the Mission Modeling anormal costing and (b) accosting (a) Identify the formula to calculate the Indirect costs under normal costing and then calculate the direct costs for each model (Normal costing Indirect costs per OLH son per DLH Disc Now calculate the total costs using normal costing for each model Laguna Mission Normal costing model model Direct materials and direct labore post or on a contract basis. The costs of each we known when het mater we used or when direct labor hours are worked The 2017 act assembly support costs were $5,635 000, and the colded Labor-hours were 161 000 Print Done Total costs (b) only the formula to calculate the indirect costs under actual costing and then akute the indirect costs for each model Acosta Indirect costs Laguna per OLH Mission per DH Now Cacate the total costs using actual costing for each model Lagu Mission Actual Costing Model Model Tot costs y Andrews use this information Requirements. Why might Andrews Construction preferoma costing over coing Andrews Construction might preferoma costing over cong because no con Choose from any to enter any number in the input fields and then contine to the next