Required 1 Required 2Required 3 Required 4Compute the activity rates for the activity cost pools. (Round the "Supporting direct labor" to 2 decimal places.)Activity Rateper DLHper orderper customerActivity Cost PoolSupporting direct laborOrder processingCustomer support Advanced Products Corporation has supplied the following data from its activity-based costing system:Overhead CostsWages and salariesother overhead costsTotal overhead costsActivity Cost PoolSupporting direct laborOrder processingCustomer supportotherWages and salariesOther overhead costs$ 300,000100,000$ 400,000Activity MeasureNumber of direct labor-hoursNumber of customer ordersNumber of customersDistribution of Resource Consumption Across ActivitiesSupporting Direct OrderProcessing30%10%This is an organization-sustaining activitySelling priceDirect materialsDirect laborLabor40%30%Data Concerning the Shenzhen Enterprises OrderUnits ordered10 unitsDirect labor-hours2 DLHS per unit$300 per unit$ 180 per unit$ 50 per unitTotal Activity for theYear20,000 DLHS400 orders200 customersNot applicableCustomerSupport20%20%Other10%40%During the year, Advanced Products completed one order for a new customer, Shenzhen Enterprises. This customer did not order anyother products during the year. Data concerning that order follow:Total100%100%Required:1. Prepare a report showing the first-stage allocations of overhead costs to the activity cost pools.2. Compute the activity rates for the activity cost pools.3. Calculate the total overhead costs for the order from Shenzhen Enterprises including customer support costs.4. Calculate the customer margin for Shenzhen Enterprises.

Name: Required 1 Required 2Required 3 Required 4Compute the activity rates
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Description: Required 1 Required 2Required 3 Required 4Compute the activity rates for the activity cost pools. (Round the "Supporting direct labor" to 2 decimal places.)Activity Rateper DLHper orderper customerActivity Cost PoolSupporting direct laborOrder proce

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Required: 1. Prepare a report showing the first-stage allocations of overhead costs to the activity cost pools. 2. Compute the activity rates for the activity cost pools. 3. Calculate the total overhead costs for the order from Shenzhen Enterprises including customer support costs. 4. Calculate the customer margin for Shenzhen Enterprises.

Required: 1. Prepare a report showing the first-stage allocations of overhead costs to the activity cost pools. 2. Compute the activity rates for the activity cost pools. 3. Calculate the total overhead costs for the order from Shenzhen Enterprises including customer support costs. 4. Calculate the customer margin for Shenzhen Enterprises.

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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