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Trust is considering elther a bankwide overhead rate or department overhead rates to allocate $420000 of indirect costs. The bankwide rate could be based on
Trust is considering elther a bankwide overhead rate or department overhead rates to allocate $420000 of indirect costs. The bankwide rate could be based on ether direct labor hours (DLH) or the number of loans processed. The deparimental rates would be based on direct labor hours for Consumer loons and e dual rate based on direct labor hours and the number of loans processed for Commercial Loans. The following information was gathered for the upcoming period 13.000 700 350 Consumer $260,000 processed, what would be the total costs for the Consumer Department? O $238,950 O $260,000 O $540,000 O $580.000
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