The speedjet aircraft corporation has a central materials laboratory. the laboratory has only two users, the large plane department and the small plane department. the following data apply to the coming budget year: year: budgeted costs of operating the materials laboratory for 150,000 to 250,000 technician hours per year: fixed costs per year $ 7,600,000 variable costs $ 75 per technician hour budgeted longminusrun usage in hours per year: large plane department 100,000 technician hours small plane department 60,000 technician hours budgeted amounts are used to calculate the allocation rates. actual usage for the year by the large plane department was 90,000 technician hours and by the small plane department was 110,000 technician hours. if a dualminusrate costminusallocation method is used, what amount of materials laboratory?

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?