Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate...

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Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate $420,000 of indirect

business accounting

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Answer 1

Answer #1

Calculate total costs for commercial department

Indirect cost = 420000/1050*200 = 80000

Direct cost - 280000

Total Cost = 360000

So answer is d) $360000

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Answer 2

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