Hagy Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other. The company's overhead costs, which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Data concerning the company's costs and activity-based costing system appear below: Factory utilities (total)$108,000?Indirect labor (total)$10,000?Distribution of Resource Consumption Across Activity Cost Pools ProcessingSetting UpOther?Factory utilities0.20?0.50?0.30??Indirect labor0.10?0.20?0.70??? Required:Assign overhead costs to activity cost pools using activity-based costing. Activity Cost Pools?ProcessingSetting UpOtherTotalFactory
Utilities???$108,000?Indirect labor???10,000?Total$22,600?$56,000?$39,400?$118,000?
What will be an ideal response?
| ? | ? | Activity Cost Pools |
| ? | Processing | Setting Up | Other | Total |
| Factory Utilities | $21,600? | $54,000? | $32,400? | $108,000? |
| Indirect labor | 1000? | 2000? | 7000? | 10,000? |
| Total | $22,600? | $56,000? | $39,400? | $118,000? |
You might also like to view...
In an organic organization,
A. authority is centralized. B. bureaucracy is essential. C. the need to respond to unexpected tasks is common. D. many rules and procedures exist. E. success is possible only when the environment is stable.
Market broadening and market diversification are likely tactics employed in ________ strategies
A) position defense B) flank defense C) preemptive defense D) counteroffensive defense E) mobile defense
The Age Discrimination in Employment Act (AEDA) is a federal statute that prohibits age discrimination practices against employees who are 40 years old and older
Indicate whether the statement is true or false
A local smoothie shop offers discounted drinks in the middle of the afternoon. This is an example of?
a. Complementary services b. Reservations c. Demand sorting d. Pricing policies/promotions