1 The distribution of resource consumption across the activity cost pools is as follows: Pickup and Customer Delivery Service 35% 10% 5% 08 15% Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and expenses Office expenses Administrative expenses Travel 50% 70% 60% Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and expenses 08 0% 0% Required: Complete the first stage allocations of costs to activity cost pools. 0% 20% 5% Travel Pickup and Delivery 0% 90% 30% 60% Other 5% 25% 25% 10% 50% 35% Customer Service Totals 100% 100% 100% 100% 100% 100% Other Totals

1 The distribution of resource consumption across the activity cost pools is as follows: Pickup and Customer Delivery Service 35% 10% 5% 08 15% Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and expenses Office expenses Administrative expenses Travel 50% 70% 60% Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and expenses 08 0% 0% Required: Complete the first stage allocations of costs to activity cost pools. 0% 20% 5% Travel Pickup and Delivery 0% 90% 30% 60% Other 5% 25% 25% 10% 50% 35% Customer Service Totals 100% 100% 100% 100% 100% 100% Other Totals

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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kk. Subject :- Accounting
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Last question 4) The company uses normal costing with two direct-cost categories: Direct materials Direct manufacturing labor Furthermore, the company uses two manufacturing overhead cost pools: Machining department with machine- hours as the allocation base Assembly department with direct manufacturing labor costs as the allocation base. The budget for the plant in 2020 is as follows: Production plant Machine department Assembly department Manufacturing overhead costs 13 597 500 12 271 500 Direct manufacturing labor costs 1 455 000 6 075 000 Direct manufacturing labor-hours 54 000 22 500 Machine-hours 277 500 55 500 What is the budgeted manufacturing overhead rate in the machining and the assembly department? Overhead is the direct cost involved in the production process of the business of the company Calculation of budgeted manufacturing overhead rate in machine department: Budgeted manufacturing…
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