Question

Considering dual rate method, if employees work for 8500 budgeted hours at $120 per hour, and work for 9500 actual hours at $110 per hour, then the total cost would be

a.

$2,078,000

b.

$3,078,000

c.

$2,065,000

d.

$3,065,000

Answer: (c).$2,065,000

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Q. Considering dual rate method, if employees work for 8500 budgeted hours at $120 per hour, and work for 9500 actual hours at $110 per hour, then the total cost would be

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