acius Corporationis conducting a TDABC study in its Customer Service Department. The company has provided the following data to aid in that study. Pacius corporation Customer service Department Data Inputs Resource Data: Number of employees Average salary per employee Weeks of enployment per year Minutes avallable per week (40 hours x 60 minutes) Practical capacity percentage 11 $ 39,7se 50 2,400 Activity Data: Minutes per unit of the activity Processing Orders 12 Processing Resolving Issues Credit Reviews 24 36 Cost object Data: Number of orders processed Number of queries resolved Number of credit reviewS processed customer S 35 18 Per TDABC, the total cost assigned to Customer S would be closest to: Oa $14.04. Ob $163.80. Oc $346.32. d. $168 48.

acius Corporationis conducting a TDABC study in its Customer Service Department. The company has provided the following data to aid in that study. Pacius corporation Customer service Department Data Inputs Resource Data: Number of employees Average salary per employee Weeks of enployment per year Minutes avallable per week (40 hours x 60 minutes) Practical capacity percentage 11 $ 39,7se 50 2,400 Activity Data: Minutes per unit of the activity Processing Orders 12 Processing Resolving Issues Credit Reviews 24 36 Cost object Data: Number of orders processed Number of queries resolved Number of credit reviewS processed customer S 35 18 Per TDABC, the total cost assigned to Customer S would be closest to: Oa $14.04. Ob $163.80. Oc $346.32. d. $168 48.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

A local regional credit union, Metro Credit Union, has identified the major activities of the credit union, traceable costs, and physical flow of driver units: Activities Traceable Costs Driver Units Open new accounts $30,000| 1,000 accounts Process deposits 26,000 400,000 deposits Process withdrawals 10,000 200,000 withdrawals Process loan applications 36,000| 900 applications| The following activities are used by the Downtown branch and the East branch: Downtown East New accounts 200 400 Deposits 40,000 15,000 20,000 18,000 Withdrawals Loan applications 100 160 How much of the loan application cost will be assigned to the Downtown branch? O $ 6,400 $10,400 $3,000 O $4,000
Muscat Pharmaceutical Manufacturing Company (Muscat Pharma) is a company devoted to manufacturing and exporting of veterinary medicine and veterinary products. Mr. Mazin is the accounts manager of the company, who spent his valuable time and effort in providing half-yearly accounting reports to the suppliers of the company. This is an example of O a. Monitoring Cost O b. Residual Cost O c Bonding Cost O d. Indirect Agency Cost
Pound Industries’ customer service department follows up on customer complaints by telephone inquiry. During a recent period, the department initiated 15,700 calls and incurred costs of $329,700. If 3,150 of these calls were for the company's wholesale operation (the remainder were for the retail division), costs allocated to the retail division should amount to which of the following: A. $329,700. B. $66,150. C. $21. D. $263,550. E. $0.
Vinubhai
Top management at Reisener Corporation are looking to improve productivity in corporate staff functions. One area targeted for the initiative is the Human Resources (HR) department. The following data were collected for three relatively routine actions for the most recent period: hiring, separations, and transfers (within Reisner facilities). Staff-hours Personnel actions completed Action Hiring Separations Transfers Hiring 3,500 110 Required: a. Compute the partial productivity measures for labor for the three actions. Note: Round your answers to 3 decimal places. Partial Labor Productivity Separations 2,700 62 Transfers 3,900 110
Make me eary answer
B-You is a consulting firm that works with managers to improve their interpersonal skills. Recently, a representative of a high-tech research firm approached B-You's owner with an offer to contract for one year with B-You to improve the interpersonal skills of a newly hired manager. B-You reported the following costs and revenues during the past year (before the proposed contract). B-YOU Annual Income Statement Sales revenue $ 560,000 Costs Labor 260,000 Equipment lease 42,000 Rent 35,000 Supplies 30,000 Officers' salaries 160,000 Other costs 20,000 Total costs $ 547,000 Operating profit (loss) $ 13,000 If B-You decides to take the contract to help the manager, it will hire a full-time consultant at $85,500. The equipment lease will increase by 20 percent. Supplies will increase by an estimated 10 percent and other costs by 15 percent. The existing building has space for the new consultant. No new offices will be necessary for this work.
Armada Shipping is a global logistics company. The company is organized into two divisions: Contracts and Retail. The Contracts Division, which is by far the larger division, handles customers who have regular shipping requirements and have signed contracts specifying costs and schedule for up to one year. The Retail Division handles shipments for customers who have only occasional shipping requirements and pay on an as-used basis. Billing for all customers is handled by the corporate Accounts Receivable Department. Accounts Receivable performs two major activities: billing and accounts. Billing refers to preparing and sending the bills as well as processing the payments. Accounts refers to establishing accounts, ensuring credit status, following up on collection, and so on. The costs of the Accounts Receivable Department are allocated to the two divisions based on the number of bills prepared. The manager of the Contracts Division has complained that the allocated costs from Accounts…
Breaksit is a consulting firm providing financial consulting services to its clients. The following information is given relating to its operations: Consultancy fees per client $95 Variable expenses per client $42 Fixed overheads $318,000 The company targets a net income of at least $190,800 for the forthcoming year. REQUIRED: Calculate the number of clients Breaksit must service to generate the target income.
ABC Manufacturing is a producer of a local product used in house cleaning, called Agent C. The production manager is required to present a production report for the month August, however he got no idea on what information he needed for the report, and what analysis could be made to help the top management on their decision-making. The production manager sought your expertise on the subject matter and gave to you the following information: Sales (in Pesos) 4,957,875.00 22,500.00 Sales Volume Variable Costs: Cost of Direct Raw Materials 895,000.00 530,000.00 124,200.00 Cost of Direct Labor Cost of Packaging Materials Fixed Costs: Monthly Depreciation Monthly Rent of Warehouse Fixed Monthly Allowance for Electricity Other Fixed Manufacturing Overhead 650,000.00 100,000.00 675,000.00 146,700.00 Required: SENSITIVITY ANALYSIS If the selling price per unit is increased by 20% of its current price while the variable cost per unit is also increased by 30%, compute the following: d. How many…
A quality control activity analysis indicated the following four activity costs of a hotel. Verifying credit card information $40,000 Customer service training 20,000 Discounting room rates due to poor customer service 16,000 Correcting charges to customer invoices 8,000 Total $84,000 Sales are $750,000 for the year. Prepare a cost of quality report. Round your answers to one decimal place, if necessary. Due to rounding there may be difference of 0.1 Cost of Quality Report Quality CostClassification Quality Cost Percent of TotalQuality Cost Percent ofTotal Sales Prevention $fill in the blank 1 fill in the blank 2 % fill in the blank 3 % Appraisal fill in the blank 4 fill in the blank 5 fill in the blank 6 Internal failure fill in the blank 7 fill in the blank 8 fill in the blank 9 External failure fill in the blank 10 fill in the blank 11 fill in the blank 12 Totals $fill in the blank 13…
Solomon Information Services, Incorporated, has two service departments: human resources and billing. Solomon's operating departments, organized according to the special Industry each department serves, are health care, retall, and legal services. The billing department supports only the three operating departments, but the human resources department supports all operating departments and the billing department. Other relevant information follows. Number of employees Annual cost Annual revenue Req A1 Human Resources Department Reg A2 Billing Health Care Retail Legal Services Total *This is the operating cost before allocating service department costs. Allocation Rate 20 Req B1 $ 900,000 Complete this question by entering your answers in the tabs below. x X Billing Required a. Allocate service department costs to operating departments, assuming that Solomon adopts the step method. The company uses the number of employees as the base for allocating human resources department costs and…