Data Insights provides accounting services. The company computed the following activity rates using activity-based costing. The forensic accounting department has 10 employees, occupies 1,650 square feet, and completed 60 jobs. Activity Clerical support Activity Rate $ 750 per employee Building Supplies $ 70 per square foot $ 95 per job Compute overhead cost per job for the forensic accounting department. Activity Clerical support Building Supplies Total allocated cost Units produced (jobs) Overhead cost per job Activity Usage Activity Rate Allocated Cost
Data Insights provides accounting services. The company computed the following activity rates using activity-based costing. The forensic accounting department has 10 employees, occupies 1,650 square feet, and completed 60 jobs. Activity Clerical support Activity Rate $ 750 per employee Building Supplies $ 70 per square foot $ 95 per job Compute overhead cost per job for the forensic accounting department. Activity Clerical support Building Supplies Total allocated cost Units produced (jobs) Overhead cost per job Activity Usage Activity Rate Allocated Cost
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Data Insights provides accounting services. The company computed the following activity rates using activity-based costing. The
forensic accounting department has 10 employees, occupies 1,650 square feet, and completed 60 jobs.
Activity
Clerical support
Activity Rate
$ 750 per employee
Building
Supplies
$ 70 per square foot
$ 95 per job
Compute overhead cost per job for the forensic accounting department.
Activity
Clerical support
Building
Supplies
Total allocated cost
Units produced (jobs)
Overhead cost per job
Activity Usage
Activity Rate
Allocated Cost
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