Answer the following questions using the information below:
Rhett Company has two departments, Machining and Assembly. The following estimates are for the coming year:

-The budgeted indirect-cost driver rate for the Machining Department based on the number of machine-hours in that department is:
A)$5 per machine-hour
B)$10 per machine-hour
C)$20 per machine-hour
D)None of these answers is correct.

Question

Answer the following questions using the information below:
Rhett Company has two departments, Machining and Assembly. The following estimates are for the coming year:
 
-The budgeted indirect-cost driver rate for the Machining Department based on the number of machine-hours in that department is:
A)$5 per machine-hour 
B)$10 per machine-hour 
C)$20 per machine-hour 
D)None of these answers is correct.

Quizplus · Accepted Answer

The budgeted indirect-cost driver rate for the Machining Department based on the number of machine-hours in that department is $5 per machine-hour.

Answer the Following Questions Using the Information Below