Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin

Exercise 40

The IT department allocates indirect costs to user departments on the basis of CPU time at the rate of $2000 per second. For the first quarter, the two heaviest-use departments logged 900 and 1300 seconds, respectively. If the IT indirect budget for the year is $8.0 million, the percentage of this year's allocation consumed by these departments is closest to:
A) 32%
B) 22.5%
C) 55%
D) Not enough information to determine