How much cost would be allocated to the other activity

Assignment Help Financial Accounting
Reference no: EM13518320

Fields & Maaner PLC, a consulting firm, uses an activity-based costing in which there are three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system:

Costs:


Wages and salaries

$560,000

Travel expenses

140,000

Other expenses

140,000

Total

$840,000

Distribution of resource consumption:


Working On

Business



Activity Cost Pools

Engagements

Development

Other

Total

Wages and salaries

45%

25%

30%

100%

Travel expenses

60%

30%

10%

100%

Other expenses

30%

30%

40%

100%

Required:

a. How much cost, in total, would be allocated to the Working On Engagements activity cost pool?

b. How much cost, in total, would be allocated to the Business Development activity cost pool?

c. How much cost, in total, would be allocated to the Other activity cost pool?

Reference no: EM13518320

Questions Cloud

Compute overhead cost to activity-based costing system : Compute the overhead cost, according to the activity-based costing system, of a job that involves installing 1.8 squares.
Find how much taller is the building on a day : A building having a steel infrastructure is 5.94 102 m high on a day when the temperature is 0.00 °C. How much taller is the building on a day
Calculate the linear expansion coefficient : When a 79-m-long metal pipe is heated from 14 °C to 39 °C, it lengthens by 2.56 cm. Determine the linear expansion coefficient
Compute the customer margin for the lumbard family : Compute the activity rates and compute the customer margin for the Lumbard family. Round off all calculations to the nearest whole cent.
How much cost would be allocated to the other activity : How much cost, in total, would be allocated to the Business Development activity cost pool - how much cost, in total, would be allocated to the Other activity cost pool?
Find the radius change : An aluminum sphere of radius 10.7 cm is heated from 110.0 °F to 182.0 °F. (The linear expansion coefficient for aluminum is 2.20 10-5 K?1.), Find the radius change
Determine the unit product cost of each product : Determine the unit product cost of each product for the current period using the activity-based costing approach.
Find was this work done on or by the system : During a process, 21.6 MJ of heat is added to a closed system. If the internal energy is increased by 59.6 MJ: How much work in Btu was done, Was this work done on or by the system
Compute the activity rates for the painting : The sales revenue from this job is $3,400. For purposes of this action analysis report, direct materials and direct labor should be classified as a Green cost; painting overhead as a Red cost; and office expense as a Yellow cost.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Legal issues and develop solutions for those issues

Discuss the impact of technology on business and effective communication techniques and recognize situations that present potential ethical and legal issues and develop solutions for those issues.

  Frederic chopin corporation is preparing its december 31

frederic chopin corporation is preparing its december 31 2008 balance sheet. the following items may be reported as

  What are the similarities and differences between leases

What are the similarities and differences between leases and other means of property acquisition? How can these similarities and differences be reported in the financial statements?

  Compute the contribution margin ratio

the company sold 200 more flash drives than planned. What is the expected effect on profit of selling the additional drives? Compute the contribution margin ratio associated with one flash drive.

  Calculate the cost of funds or wacc

Calculate the cost of funds or WACC if the cost of equity is 20%, the cost of debt is 7%, and the capital is 50% equity and 50% debt. The tax rate is 40%

  Convert the divisional absorption income statement

Convert the divisional absorption income statement to a contribution margin income statement for the quarter and prepare absorption and contribution margin income statements for the succeeding quarter for the division.

  What types of firms are most at risk

Retail firms are at risk that their inventory will become obsolete. What can a firm do to minimize this risk? What types of firms are most at risk? Least at risk?

  Descriptive question in relation to state how transaction

descriptive question in relation to state how transaction to be reported on the statement of cash flows.your company

  Compute the annual rate of return

Shangria Company is considering a capital investment of $140,000 in new equipment, which is expected to have a useful life of 4 years with no salvage value. Depreciation is computed by the straight-line method. During the life of the investment.

  Compute the overhead rate for the current year

Actual materials used during the year were $5,500,000,actual direct labor cost was $3,500,000, and actual overhead was $9,000,000. Compute the overhead rate for the current year.

  Prepare trial balance for your closing entries

Prepare the closing entries at October 31 in the General Journal and Trial Balance for your closing entries

  Prepare hesselbaums operating activities section

Prepare Hesselbaums operating activities section of its Year2 statement of cash flows.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd