This question is taken in 2 pictures may I please receive help answering this one question **Gallatin Carpet Cleaning: An Activity-Based Costing Case Study****Company Overview:**Gallatin Carpet Cleaning, a small family-operated business based in Bozeman, Montana, traditionally charges a flat rate for carpet cleaning services. The fee is $22.25 per hundred square feet. However, questions have arisen regarding the profitability of certain jobs, particularly those requiring significant travel time. To address this, the owner's daughter has designed a system utilizing activity-based costing to evaluate their services more accurately. Below is a summary of the activity cost pools and their measurements.**Activity Cost Pools and Measurements:**- **Cleaning Carpets** - **Activity Measure:** Square feet cleaned (in hundreds) - **Activity for the Year:** 13,500 hundred square feet- **Travel to Jobs** - **Activity Measure:** Miles driven - **Activity for the Year:** 300,000 miles- **Job Support** - **Activity Measure:** Number of jobs - **Activity for the Year:** 1,700 jobs- **Other (Organizational-sustaining Costs and Idle Capacity Costs)** - **Activity Measure:** None - **Activity for the Year:** Not applicable**Financial Overview:**The total operating cost for the year is $347,000. This includes:- Wages: $144,000- Cleaning Supplies: $32,000- Cleaning Equipment Depreciation: $8,000- Vehicle Expenses: $26,000- Office Expenses: $56,000- President's Compensation: $81,000**Total Cost:** $347,000**Resource Consumption Distribution:**The following table illustrates how resources are distributed across the activities:| Resource | Cleaning Carpets | Travel to Jobs | Job Support | Other | Total ||--------------------------------------|------------------|----------------|-------------|-------|-------|| Wages | 78% | 11% | 11% | 0% | 100% || Cleaning Supplies | 100% | 0% | 0% | 0% | 100% || Cleaning Equipment Depreciation | 100% | 0% | 0% | 0% | 100% || Vehicle Expenses | 0% | 85% | 15 ### Distribution of Resource Consumption Across Activities#### Table ExplanationThe table categorizes the distribution of resources across five activities: Cleaning Carpets, Travel to Jobs, Job Support, Other, and Total. Each row represents a different resource category—Wages, Cleaning Supplies, Cleaning Equipment Depreciation, Vehicle Expenses, Office Expenses, and President's Compensation—with corresponding percentages allocated to each activity.- **Wages**: 78% Cleaning Carpets, 11% Travel to Jobs, 6% Job Support, 11% Other- **Cleaning Supplies**: 100% Cleaning Carpets- **Cleaning Equipment Depreciation**: 70% Cleaning Carpets, 0% Travel to Jobs, 0% Job Support, 30% Other- **Vehicle Expenses**: 0% Cleaning Carpets, 81% Travel to Jobs, 0% Job Support, 19% Other- **Office Expenses**: 0% Cleaning Carpets, 0% Travel to Jobs, 64% Job Support, 36% Other- **President’s Compensation**: 0% Cleaning Carpets, 0% Travel to Jobs, 33% Job Support, 67% Other### ContextJob support involves managing potential customer inquiries, scheduling, billing, and other related tasks.### Required Tasks1. **Prepare the first-stage allocation of costs** to the activity cost pools.2. **Compute the activity rates** for the activity cost pools.3. **Calculate the job cost** using activity-based costing for a recent 200 square foot carpet-cleaning job at the Flying N Ranch.4. **Determine the customer margin** on this job, based on the revenue of $44.50 for the 200 square feet of cleaning at a rate of $22.25 per hundred square feet.### Instructions- Enter your answers for each step in the provided tabs. #### Required 1: Prepare the First-Stage Allocation of CostsA table is provided to fill in costs corresponding to each activity (Cleaning Carpets, Travel to Jobs, Job Support, Other, Total) for categories such as Wages, Cleaning Supplies, etc. The goal is to distribute costs based on the provided percentages.Use the data and process outlined above to input your calculations in the corresponding fields.

Activity cost pool is defined as the total of all the costs linked with performing a specific task…

Distribution of Resource Consumption Across Activities Cleaning Carpets 78% Travel Total to Jobs 11% Job Support Other ex 11% 100% Wages Cleaning supplies Cleaning equipment depreciation Vehicle expenses Office expenses President's compensation 100% e% 0% 100% 70% 0% 0% 30% 100% ex 81% 0% 19% 100% 0% e% 64% 36% 100% ex ex 33% 67% 100% Job support consists of recelving calls from potentlal customers at the home office, scheduling Jobs, blling, resolving Issues, and so on. Required: 1. Prepare the first-stage allocation of costs to the activity cost pools.

Distribution of Resource Consumption Across Activities Cleaning Carpets 78% Travel Total to Jobs 11% Job Support Other ex 11% 100% Wages Cleaning supplies Cleaning equipment depreciation Vehicle expenses Office expenses President's compensation 100% e% 0% 100% 70% 0% 0% 30% 100% ex 81% 0% 19% 100% 0% e% 64% 36% 100% ex ex 33% 67% 100% Job support consists of recelving calls from potentlal customers at the home office, scheduling Jobs, blling, resolving Issues, and so on. Required: 1. Prepare the first-stage allocation of costs to the activity cost pools.

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

whats the answer for number 2
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
I have answered A-I in the pictures I posted below. I need the answers to J-L.
Question is attached in the screenshot greatly appreciate the help 13ylp14y1pl4hp2lhtplhpt3lh3ptlh35bz
Please also do parts 4 and 5 while showing work so that way I can understand better. Thank you.
solve all of them. I mentioned in my question to solve all the parts
How do I fill out the chart?
Aid Home | Federal Student Aid X Filling Out the FAFSAⓇ Form | Fox M Question 2-CH4 Class-Connec X G [The following information ap mheducation.com/ext/map/index.html?_con-con&external_browser=0&launch Url=https%253A%252F%252Fbbhosted.cuny.edu%252Fwebapps%252Fportal Saved M. Muncel, Capital Dated May 31 PR Debit Account Number 301 Credit Use the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances). General Ledger Balance Account Number 622 Credit Salaries Expense Date PR Debit Balance G2 40,000 May 31 G2 20,000 M. Muncel, Withdrawals Date PR Debit Account Number 302 Credit Insurance Expense Balance Date PR Debit Account Number 637 Credit May 31 G2 23,000 May 31 G2 Balance 4,400 Services Revenue Date PR Debit Account Number 403 Credit Rent Expense Balance Date PR Debit Account Number 640 Credit May 31 G2 Depreciation Expense Date PR Debit 76,000 Account Number 603 Credit May 31 Income Summary 62 Balance 8,400 May 31 G2…
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
Can you help me with posting this. 1st photo is question. 2nd photo is general journal
Can you send another picture or write it down cuz i dont understand
How would I calculate this problem? I just guessed on which answer made sense to me. Please help. thank you in advance.