3.Draw a Work-Breakdown Structure up to level 3 in the following format:Activity1. (main activity)1.1 (sub-activity)1.1.1 (subsub-activity)1.1.21.1.32.2.12.1.1etc.Total1.2 (etc.)TotalGRAND TOTALS:Duration(Start/Finishdates)1 week2 days1 day2 days2 weeks3 weeks1 weekBudget/Cost Responsibleperson/unit10 0004 0001 0005 0005 000R15 000R20 000Total project duration=4 weeks (per example above)Total project budget = R35 000 (per example above)Performanceindicator(s)

A Work Breakdown Structure (WBS) is a hierarchical and systematic decomposition of a project's…

3. Draw a Work-Breakdown Structure up to level 3 in the following format: Activity 1. (main activity) 1.1 (sub-activity) 1.1.1 (subsub-activity) 1.1.2 1.1.3 1.2 (etc.) Total Duration (Start/Finish dates) 1 week 2 days 1 day 2 days 2 weeks 3 weeks Budget/Cost Responsible person/unit 10 000 4 000 1 000 5 000 5 000 R15 000 Performance indicator(s)

3. Draw a Work-Breakdown Structure up to level 3 in the following format: Activity 1. (main activity) 1.1 (sub-activity) 1.1.1 (subsub-activity) 1.1.2 1.1.3 1.2 (etc.) Total Duration (Start/Finish dates) 1 week 2 days 1 day 2 days 2 weeks 3 weeks Budget/Cost Responsible person/unit 10 000 4 000 1 000 5 000 5 000 R15 000 Performance indicator(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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Support department cost allocation Hooligan Adventure Supply produces and sells various outdoor equipment. The Molding and Assembly production departments are supported by the Personnel and Maintenance departments. Personnel costs are allocated to the production departments based on the number of employees, and Maintenance costs are allocated based on number of service calls. Information about these departments is detailed in the following table: Line Item Description PersonnelDepartment MaintenanceDepartment MoldingDepartment AssemblyDepartment Number of employees 28 10 41 49 Number of service calls 57 41 168 112 Department cost $15,000 $11,400 $72,000 $69,000 1. Which of the following statements matches the sequential method of cost allocations?a. Support departments are often allocated in order from lowest to the highest cost with preference given to the departments that serve few support…
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1. Compute an activity rate for each activity using activity-based costing.
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e Preview 4) F3 $ R 01- Arctic Air Inc. manufactures cooling units for commercial buildings. The price and cost of goods sold for each unit are as follows: Category Price Cost of goods sold Gross profit F4 Customer service Project bidding Engineering support Total costs In addition, the company incurs selling and administrative expenses of $226,250. The company wishes to assign these costs to its three major customers, Gough Industries, Breen Inc., and The Martin Group. These expenses are related to three major nonmanufacturing activities: customer service, project bidding, and engineering support. The engineering support is in the form of engineering changes that are placed by the customer to change the design of a product. The budgeted activity costs and activity bases associated with these activities are: S⁰5 Activity Number of service requests Number of bids Number of customer design changes Unit volume % Activity 3:0 F5 T Activity-base usage and unit volume information for the…
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ezto.mheducation.com Homework: Cost Management and Allocation Assignment Question 7- Homework: Cost Management and Allocation Assignment- Connect Homework: Cost Management and Allocation Assignm... i Saved Help Save & Exit Submit Check my work State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits and Loans). A summary of costs and other data for each department prior to allocation of service department costs for the year ended December 31 follows. 4. points Administration Communications Facilities Deposits $8,320,000 $4,600,000 447, 000 Loans Direct costs $200,000 24,000 $290,000 31,000 $253,000 20,500 Employee hours Number of employees Square footage occupied Skipped 360,000 8. 14 6. 230 130 4,600 13,800 5,100 244, 100 203,300 The costs of the service departments are allocated on the following bases: Administration, employee-hours; Communications, number of employees; and Facilities, square…
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