A limited liability company (LLC) is taxed like a partnership but provides limited liability for its

Budgets provide a benchmark that motivates employees and helps managers evaluate performance

Indicate whether the statement is true or false

Archid, Inc, a manufacturer of spare parts, has two production departments—Assembling and Packaging

The Assembling department is mechanized, while the Packaging department is labor oriented. Estimated manufacturing overhead costs for the year were $19,300,000 for Assembling and $13,900,000 for Packaging. Calculate the department predetermined overhead allocation rates for the Assembling and Packaging departments, respectively, if the total estimated machine hours were 30,000 and labor hours were 20,000 for the year. (Round your answer to the nearest cent.) A) $965.00, $463.33 B) $643.33, $695.00 C) $463.33, $965.00 D) $643.33, $965.00