Want ans Question:A company uses activity-based costing to determine the costs of its three products: A, B, and C. Thebudgeted cost and activity of each of the company's free activity cost pools are shown in the followingtable.ProjectActivity cost pool Budgeted cost Budgeted activity Project Budgeted activity - Project B Budgeted activityACActivity 1Activity 2$70,000$45,0006,0009,00020,0007,00015,0008,000Activity 3$82,0002,5001,0001,625How much overhead will be assigned to Product B using activity-based costing?

Explanation of Activity-Based Costing (ABC):Activity-Based Costing is a method of allocating…

Answered: Question: A company uses activity-based…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter12: Activity-based Management

Section: Chapter Questions

Problem 14E: Sanford, Inc., has developed value-added standards for four activities: purchasing parts, receiving...

See similar textbooks

Similar questions

Need solution
Accounting question please provide answer
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost PoolBudgeted Cost Product AProduct BProduct Activity 1 7,500 10,500 21,500 Activity 2 8,500 16,500 9,500 Activity 3 4,000 2,500 3,125 How much overhead will be assigned to Product B using activity-based costing? 85,000 60,000 112,000
1. Compute an activity rate for each activity using activity-based costing.
1 viyalization-sustaining activity. The following COSTS will be assigned using the activity-based Costing system. Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and expenses oints Office expenses Administrative expenses Total cost $ 920,000 350,000 230,000 260,000 120,000 420,000 $2,300,000 eBook The distribution of resource consumption across the activity cost pools is as follows: Hint Pickup and Travel Delivery Customer Service Other Totals Driver and guard wages 50% 35% 10% 5% 100% Print Vehicle operating expense 70% 5% 0% 25% 100% Vehicle depreciation 60% 15% 0% 25% 100% Customer representative salaries and 0% 0% 90% 10% 100% expenses Office expenses 0% 20% 30% 50% 100% Administrative expenses 0% 5% 60% 35% 100% Mc Graw Hill Required: Complete the first stage allocations of costs to activity cost pools. Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and expenses Office…
PRINCIPLE OF HEALTHCARE FINANCE
Solve the questions answer of number 3 & 4
Please give working notes and proper explanation of solution
vi.4
Help Save & Exit Submit TB 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 data concerning its costs and its activity based costing system: Costs: Wages and salaries Depreciation Utilities $ 318,000 247,000 206,000 $ 771,000 Total Distribution of resource consumption: Activity Cost Pools Setting Up Assembly Other Total Wages and salaries Depreciation Utilities 30% 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, hp
Paul company has two pro..accounting question
A 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: Cost: Wages and salaries. Depreciation Utilities Total MENU TOW OF CINECITANGGUN Distribution of resource consumption: Assembly 20% 15% 5% Wages and salaries Depreciation Utilities ****** Answer. (Click to select) ***¨¨¨¨¨¨¨¨¨¨¨¨..…......... (Click to select) Activity Cost Pools Setting Up Other 60% 20% 35% 50% 55% 40% Q. How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool? $103,200 $130,200 $93,200 $120,200 $466,000 $180,000 $200,000 $846,000 Total 100% 100% 100%

SEE MORE QUESTIONS

Recommended textbooks for you

Cornerstones of Cost Management (Cornerstones Ser…

Accounting

ISBN:

9781305970663

Author:

Don R. Hansen, Maryanne M. Mowen

Publisher:

Cengage Learning

Managerial Accounting

Accounting

ISBN:

9781337912020

Author:

Carl Warren, Ph.d. Cma William B. Tayler

Publisher:

South-Western College Pub

Cornerstones of Cost Management (Cornerstones Ser…

Accounting

ISBN:

9781305970663

Author:

Don R. Hansen, Maryanne M. Mowen

Publisher:

Cengage Learning

Managerial Accounting

Accounting

ISBN:

9781337912020

Author:

Carl Warren, Ph.d. Cma William B. Tayler

Publisher:

South-Western College Pub

SEE MORE TEXTBOOKS