19) To allocate O/H, how many separate cost pools should be formed given the following information?CostPostage costsPrinting and paper costsQuality control costsCustomer service costs20)Bob has assembled the following cost data that cannot be easily identified as either fixed or variable.CostHours$24,000$26,100$34,700$48,000$38,300Cost driver# of brochures mailed# of brochures mailed# of inspections# of customers served5,0006,3007,90011,0009,250

A cost pool is clubbing together or pooling together of expenses on the basis of certain cost…

19) To allocate O/H, how many separate cost pools should be formed given the following information? Cost Postage costs Printing and paper costs Quality control costs Customer service costs Cost driver # of brochures mailed # of brochures mailed # of inspections # of customers served

19) To allocate O/H, how many separate cost pools should be formed given the following information? Cost Postage costs Printing and paper costs Quality control costs Customer service costs Cost driver # of brochures mailed # of brochures mailed # of inspections # of customers served

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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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

Question

19) To allocate O/H, how many separate cost pools should be formed given the following information?
Cost
Postage costs
Printing and paper costs
Quality control costs
Customer service costs
20)Bob has assembled the following cost data that cannot be easily identified as either fixed or variable.
Cost
Hours
$24,000
$26,100
$34,700
$48,000
$38,300
Cost driver
# of brochures mailed
# of brochures mailed
# of inspections
# of customers served
5,000
6,300
7,900
11,000
9,250

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