The Monroe Company manufactures a special saddle.The budgeted indirect total cost associated with the production of the saddle is $100,000.The budgeted number of saddles is 55,000.What is the budgeted indirect cost allocation rate?
A) $1.00
B) $1.05
C) $1.18
D) $1.82
E) $1.90
Correct Answer:
Verified
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