1. Calculate the total revenues per distributor category, and assign the customer costs to each distributor type by using revenues as the allocation base. Selling price for one unit is $150. NonJIT Sales (in units) Sales Allocation Ordering costs Selling costs Service costs JIT Total S__ S__ 2. Conceptual Connection: Calculate the customer cost per distributor type using activity-based cost assignments. JIT NonJIT S S S S S S S S-- S S__

1. Calculate the total revenues per distributor category, and assign the customer costs to each distributor type by using revenues as the allocation base. Selling price for one unit is $150. NonJIT Sales (in units) Sales Allocation Ordering costs Selling costs Service costs JIT Total S S 2. Conceptual Connection: Calculate the customer cost per distributor type using activity-based cost assignments. JIT NonJIT S S S S S S S S-- S S__

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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Question

A-1

1. Calculate the total revenues per distributor category, and assign the customer costs to each
distributor type by using revenues as the allocation base. Selling price for one unit is $150.
NonJIT
Sales (in units)
Sales
Allocation
Ordering costs
Selling costs
Service costs
JIT
Total
S__
S__
2. Conceptual Connection: Calculate the customer cost per distributor type using activity-based cost
assignments.
JIT NonJIT
$
$
S
$
$
$
$
---
$
S--
$__

Sales orders
Sales calls
Service calls
Average order size
Manufacturing cost/unit
Customer costs:
Processing sales orders
Selling goods
Servicing goods
Total
JIT
NonJIT
Distributors Distributors
700
70
350
750
$125
$3,080,000
1,120,000
1,050,000
$5,250,000
70
70
175
7,500
$125

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Step 2: Working for allocation of customer cost using revenue:

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Step 3: Working for allocation of customer cost using ABC Method :

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