S Company produces custom widgets for its customers. The company uses an activity-based costing system for its overhead

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

S Company produces custom widgets for its customers. The company uses an activity-based costing system for its overhead

Post by answerhappygod »

S Company Produces Custom Widgets For Its Customers The Company Uses An Activity Based Costing System For Its Overhead 1
S Company Produces Custom Widgets For Its Customers The Company Uses An Activity Based Costing System For Its Overhead 1 (57.51 KiB) Viewed 30 times
S Company produces custom widgets for its customers. The company uses an activity-based costing system for its overhead costs. The company has provided the following data from its activity-based costing system. Activity Cost Pool Assembling. Job Support. Customer support...... Other.. Total Cost $107863 $32246 $5985 $107644 Total Activity 16655 machine hours 1825 jobs 305 clients Not applicable The "Other" activity cost pool consists of costs of idle capacity & organization-sustaining costs. One particular customer, Victor Inc., requested 40 jobs during the year for a total of 157 units, requiring a total of 196 machine hours. Each unit requires $0.00 in direct materials and $1.00 in direct labor. The customer was charged $2215 for these jobs. Using ABC, compute the activity rate for the Job Support. Round your answer to 2 decimal places.

Company F uses activity-based costing and had the following indirect costs. Wages & Salaries $16670 Travel $6715 Supplies $3004 The company identified 3 cost pools and the portion of each cost attritubuted to each activity below Activity Cost Pools Working on engagements 55% 65% 30% Business Development Wages & salaries Travel Supplies How much cost, in total, would be not be allocated to products? Enter answer as a positive number. 15% 25% 40% Other 30% 10% 30% Total 100% 100% 100%

Company F uses activity-based costing and had the following indirect costs. Wages & Salaries $14757 Travel $6922 Supplies $3524 The company identified 3 cost pools and the portion of each cost attritubuted to each activity below Activity Cost Pools Working on engagements 55% 65% 30% Business Development Wages & salaries Travel Supplies How much cost, in total, would be allocated to "Working On Engagements" pool? Enter answer as a positive number. 15% 25% 40% Other 30% 10% 30% Total 100% 100% 100%
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply