HelpSave & ExitSubmitTB MC Qu. 7-52 (Algo) Eccles Corporation uses an activity-based costing...Eccles Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following dataconcerning its costs and its activity based costing system:Costs:Wages and salariesDepreciationUtilities$ 318,000247,000206,000$ 771,000TotalDistribution of resource consumption:Activity Cost PoolsSetting UpAssemblyOtherTotalWages and salariesDepreciationUtilities30%10%45%25%100%30%20%60%100%50%30%100%How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool?Multiple Choice,< Prev19 of.25Next >hp

Workings:Therefore, The total assembly cost to be allocated is $258,400.

Eccles Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system: Costs: Wages and salaries $ 318,000 247,000 206,000 $ 771,000 Depreciation Utilities Total Distribution of resource consumption: Activity Cost Pools Assembly Setting Up Other Total Wages and salaries Depreciation Utilities 45% 30% 25% 100% 30% 10% 60% 100% 20% 50% 30% 100% How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool?

Eccles Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system: Costs: Wages and salaries $ 318,000 247,000 206,000 $ 771,000 Depreciation Utilities Total Distribution of resource consumption: Activity Cost Pools Assembly Setting Up Other Total Wages and salaries Depreciation Utilities 45% 30% 25% 100% 30% 10% 60% 100% 20% 50% 30% 100% How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool?

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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