C: Student x M Question 6-QUIZ- CH 18-C x Project 6 ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.tulsacc.edu %252Fw... C QUIZ-CH 18 i Saved Help 2 6 points Housekeeping Depreciation on reservations computer Room maintenance Carpet-cleaning contract Contract to repaint rooms Revenue (000s) Square feet eBook Rooms Assets (000s) Required: References Pine Valley 3,700 80 1,210 50 570 $ 28,710 Oak Glen. 88,765 122 Mimosa $15,150 48,415 Birch Glen $ 11,205 Total 96,950 $ 49,180 298,420 66 $ 83,855 $ 9,150 $ 13,675 64,290 86 $ 107,015 $158,465 174 448 $ 66,630 $ 415,965 1. Based on annual revenue, what amount of the central office costs are allocated to each resort? 2. Suppose that the current methods were replaced with a system of four separate cost pools with costs collected in the four pools allocated on the basis of revenues, assets invested in each resort, square footage, and number of rooms, respectively. Which costs should be collected in each of the four pools? 3. Using the cost pool system in requirement 2, how much of the central office costs would be allocated to each resort? Complete this question by entering your answers in the tabs below. Mc Graw Hill Q Required 1 Required 2 Required 3 Based on annual revenue, what amount of the central office costs are allocated to each resort? (Do not round intermediate calculations. Enter your answers in thousands rounded to the nearest dollar.) Allocated cost 2 W S 3 Pine Valley Oak Glen 80 E $4 4 888 Mimosa Birch Glen Total % 25 < Prev 6 of 10 Next > 66 MacBook Pro 27 R T Y U 00 8 ―の O Save & E D F G H J K L C V B N M Che P 2 Command M Question 6- QUIZ- CH 18-C X Project 6 x .mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.tulsacc.edu%252Fw... 18 es Saved Help Save Exercises 18-41 (Algo) Allocation of Central Costs; Profit Centers [LO 18-3] Woodland Hotels Incorporated operates four resorts in the heavily wooded areas of northern California. The resorts are named after the predominant trees at the resort: Pine Valley, Oak Glen, Mimosa, and Birch Glen. Woodland allocates its central office costs to each of the four resorts according to the annual revenue the resort generates. For the current year, the central office costs (000s omitted) were as follows: Front office personnel (desk, clerks, etc.) Administrative and executive salaries Interest on resort purchase Advertising Housekeeping Depreciation on reservations computer Room maintenance Carpet-cleaning contract Contract to repaint rooms $ 12,100 5,700 4,700 600 3,700 80 1,210 50 570 $ 28,710 Revenue (000s) Square feet Rooms Assets (000s) Required: Pine Valley $ 9,150 $ 13,675 64,290 86 Oak Glen 88,765 Mimosa $ 15,150 48,415 Birch Glen $ 11,205 96,950 122 66 174 $ 66,630 Total $ 49,180 298,420 448 $415,965 $ 107,015 $158,465 $ 83,855 1. Based on annual revenue, what amount of the central office costs are allocated to each resort? 2. Suppose that the current methods were replaced with a system of four separate cost pools with costs collected in the four pools allocated on the basis of revenues, assets invested in each resort, square footage, and number of rooms, respectively. Which costs should be collected in each of the four pools? 3. Using the cost pool system in requirement 2, how much of the central office costs would be allocated to each resort? Complete this question by entering your answers in the tabs below. 2 Required 1 Required 2 Required 3 < Prev 6 of 10 Next > #3 80 4 $ 888 W E R % 85 MacBook Pro ^ 6 T Y & ( 7 8 9 0 כ U I 0 P

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
C: Student
x
M Question 6-QUIZ- CH 18-C x
Project 6
ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.tulsacc.edu %252Fw...
C
QUIZ-CH 18 i
Saved
Help
2
6
points
Housekeeping
Depreciation on reservations computer
Room maintenance
Carpet-cleaning contract
Contract to repaint rooms
Revenue (000s)
Square feet
eBook
Rooms
Assets (000s)
Required:
References
Pine
Valley
3,700
80
1,210
50
570
$ 28,710
Oak Glen.
88,765
122
Mimosa
$15,150
48,415
Birch Glen
$ 11,205
Total
96,950
$ 49,180
298,420
66
$ 83,855
$ 9,150 $ 13,675
64,290
86
$ 107,015 $158,465
174
448
$ 66,630 $ 415,965
1. Based on annual revenue, what amount of the central office costs are allocated to each resort?
2. Suppose that the current methods were replaced with a system of four separate cost pools with costs collected in the four pools
allocated on the basis of revenues, assets invested in each resort, square footage, and number of rooms, respectively. Which costs
should be collected in each of the four pools?
3. Using the cost pool system in requirement 2, how much of the central office costs would be allocated to each resort?
Complete this question by entering your answers in the tabs below.
Mc
Graw
Hill
Q
Required 1
Required 2
Required 3
Based on annual revenue, what amount of the central office costs are allocated to each resort? (Do not round intermediate
calculations. Enter your answers in thousands rounded to the nearest dollar.)
Allocated cost
2
W
S
3
Pine Valley
Oak Glen
80
E
$4
4
888
Mimosa
Birch Glen
Total
<Required 1
Required 2 >
%
25
< Prev
6 of 10
Next >
66
MacBook Pro
27
R
T
Y
U
00
8
―の
O
Save & E
D
F
G
H
J
K
L
C
V
B
N
M
Che
P
2
Command
Transcribed Image Text:C: Student x M Question 6-QUIZ- CH 18-C x Project 6 ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.tulsacc.edu %252Fw... C QUIZ-CH 18 i Saved Help 2 6 points Housekeeping Depreciation on reservations computer Room maintenance Carpet-cleaning contract Contract to repaint rooms Revenue (000s) Square feet eBook Rooms Assets (000s) Required: References Pine Valley 3,700 80 1,210 50 570 $ 28,710 Oak Glen. 88,765 122 Mimosa $15,150 48,415 Birch Glen $ 11,205 Total 96,950 $ 49,180 298,420 66 $ 83,855 $ 9,150 $ 13,675 64,290 86 $ 107,015 $158,465 174 448 $ 66,630 $ 415,965 1. Based on annual revenue, what amount of the central office costs are allocated to each resort? 2. Suppose that the current methods were replaced with a system of four separate cost pools with costs collected in the four pools allocated on the basis of revenues, assets invested in each resort, square footage, and number of rooms, respectively. Which costs should be collected in each of the four pools? 3. Using the cost pool system in requirement 2, how much of the central office costs would be allocated to each resort? Complete this question by entering your answers in the tabs below. Mc Graw Hill Q Required 1 Required 2 Required 3 Based on annual revenue, what amount of the central office costs are allocated to each resort? (Do not round intermediate calculations. Enter your answers in thousands rounded to the nearest dollar.) Allocated cost 2 W S 3 Pine Valley Oak Glen 80 E $4 4 888 Mimosa Birch Glen Total <Required 1 Required 2 > % 25 < Prev 6 of 10 Next > 66 MacBook Pro 27 R T Y U 00 8 ―の O Save & E D F G H J K L C V B N M Che P 2 Command
M Question 6- QUIZ- CH 18-C X
Project 6
x
.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.tulsacc.edu%252Fw...
18
es
Saved
Help
Save
Exercises 18-41 (Algo) Allocation of Central Costs; Profit Centers [LO 18-3]
Woodland Hotels Incorporated operates four resorts in the heavily wooded areas of northern California. The resorts are named after
the predominant trees at the resort: Pine Valley, Oak Glen, Mimosa, and Birch Glen. Woodland allocates its central office costs to each
of the four resorts according to the annual revenue the resort generates. For the current year, the central office costs (000s omitted)
were as follows:
Front office personnel (desk, clerks, etc.)
Administrative and executive salaries
Interest on resort purchase
Advertising
Housekeeping
Depreciation on reservations computer
Room maintenance
Carpet-cleaning contract
Contract to repaint rooms
$ 12,100
5,700
4,700
600
3,700
80
1,210
50
570
$ 28,710
Revenue (000s)
Square feet
Rooms
Assets (000s)
Required:
Pine
Valley
$ 9,150 $ 13,675
64,290
86
Oak Glen
88,765
Mimosa
$ 15,150
48,415
Birch Glen
$ 11,205
96,950
122
66
174
$ 66,630
Total
$ 49,180
298,420
448
$415,965
$ 107,015 $158,465 $ 83,855
1. Based on annual revenue, what amount of the central office costs are allocated to each resort?
2. Suppose that the current methods were replaced with a system of four separate cost pools with costs collected in the four pools
allocated on the basis of revenues, assets invested in each resort, square footage, and number of rooms, respectively. Which costs
should be collected in each of the four pools?
3. Using the cost pool system in requirement 2, how much of the central office costs would be allocated to each resort?
Complete this question by entering your answers in the tabs below.
2
Required 1
Required 2
Required 3
< Prev
6 of 10
Next >
#3
80
4
$
888
W
E
R
%
85
MacBook Pro
^
6
T
Y
&
(
7
8
9
0
כ
U
I
0
P
Transcribed Image Text:M Question 6- QUIZ- CH 18-C X Project 6 x .mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.tulsacc.edu%252Fw... 18 es Saved Help Save Exercises 18-41 (Algo) Allocation of Central Costs; Profit Centers [LO 18-3] Woodland Hotels Incorporated operates four resorts in the heavily wooded areas of northern California. The resorts are named after the predominant trees at the resort: Pine Valley, Oak Glen, Mimosa, and Birch Glen. Woodland allocates its central office costs to each of the four resorts according to the annual revenue the resort generates. For the current year, the central office costs (000s omitted) were as follows: Front office personnel (desk, clerks, etc.) Administrative and executive salaries Interest on resort purchase Advertising Housekeeping Depreciation on reservations computer Room maintenance Carpet-cleaning contract Contract to repaint rooms $ 12,100 5,700 4,700 600 3,700 80 1,210 50 570 $ 28,710 Revenue (000s) Square feet Rooms Assets (000s) Required: Pine Valley $ 9,150 $ 13,675 64,290 86 Oak Glen 88,765 Mimosa $ 15,150 48,415 Birch Glen $ 11,205 96,950 122 66 174 $ 66,630 Total $ 49,180 298,420 448 $415,965 $ 107,015 $158,465 $ 83,855 1. Based on annual revenue, what amount of the central office costs are allocated to each resort? 2. Suppose that the current methods were replaced with a system of four separate cost pools with costs collected in the four pools allocated on the basis of revenues, assets invested in each resort, square footage, and number of rooms, respectively. Which costs should be collected in each of the four pools? 3. Using the cost pool system in requirement 2, how much of the central office costs would be allocated to each resort? Complete this question by entering your answers in the tabs below. 2 Required 1 Required 2 Required 3 < Prev 6 of 10 Next > #3 80 4 $ 888 W E R % 85 MacBook Pro ^ 6 T Y & ( 7 8 9 0 כ U I 0 P
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education