Multiple Choice
Advantage Inc. employs 29 professional cleaners. Budgeted costs total $1,955,000 of which $1,702,000 is direct costs. Budgeted indirect costs are $839,500 and actual indirect costs were $795,600. Budgeted professional labor-hours are 1,150,000 and actual hours were 1,221,875. What is the budgeted direct cost-allocation rate?
A) $1.70 per hour
B) $1.60 per hour
C) $0.73 per hour
D) $1.48 per hour
Correct Answer:
Verified
Correct Answer:
Verified
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