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Business, 02.03.2020 21:37 annagwhiteou0hrh

Ashton Construction assembles residential houses. It uses a job-costing system with two direct-cost categories (direct materials and direct labor) and one indirect-cost pool (assembly support). Direct labor-hours is the allocation base for assembly support costs. In December 2016, Ashton budgets 2017 assembly-support costs to be $ 8 comma 300 comma 000 and 2017 direct labor-hours to be 166 comma 000. At the end of 2017, Ashton is comparing the costs of several jobs that were started and completed in 2017. Compute the (a) budgeted indirect-cost rate and (b) actual indirect-cost rate. Question 3 options: $50; $35 $35; $50

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