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Required information Exercise 9-38 and 9-39 (Algo) The Philip County Historical Society (PCHS) collects and displays historical artifacts from the local area. One of its services is dedicated tours. PCHS offers dedicated tours to two groups: the general public (generally tourists and local residents) and donors. PCHS has two part-time coordinators for these tours-one for the public tours and one for the donor tours. Data for the quarter on the two groups follow: Number of visitors Number of tours Public Tours 500 25 Donor Tours. 250 30 Total 750 55 The operational costs associated with the tours have been collected and are presented in the following table: Refreshments, audio guides, and other Tour guide salaries and benefits Coordinator salaries and benefits (@ $12,050 per coordinator) Total $ 22,800 12,050 24,100 $ 58,9 Exercise 9-39 (Algo) Activity-Based Costing: Not-for-Profit (LO 9-3, 5) Required: a. Compute the unit (per visitor) costs for the two tour types (public and donor) assuming PCHS uses the current cost system. b. Compute the unit (per visitor) costs for the two tour types (public and donor) assuming PCHS adopts the ABC system the advisor proposes. Note: For all requirements, do not round intermediate calculations. Round your final answers to 2 decimal places

Required information Exercise 9-38 and 9-39 (Algo) The Philip County Historical Society (PCHS) collects and displays historical artifacts from the local area. One of its services is dedicated tours. PCHS offers dedicated tours to two groups: the general public (generally tourists and local residents) and donors. PCHS has two part-time coordinators for these tours-one for the public tours and one for the donor tours. Data for the quarter on the two groups follow: Number of visitors Number of tours Public Tours 500 25 Donor Tours. 250 30 Total 750 55 The operational costs associated with the tours have been collected and are presented in the following table: Refreshments, audio guides, and other Tour guide salaries and benefits Coordinator salaries and benefits (@ $12,050 per coordinator) Total $ 22,800 12,050 24,100 $ 58,9 Exercise 9-39 (Algo) Activity-Based Costing: Not-for-Profit (LO 9-3, 5) Required: a. Compute the unit (per visitor) costs for the two tour types (public and donor) assuming PCHS uses the current cost system. b. Compute the unit (per visitor) costs for the two tour types (public and donor) assuming PCHS adopts the ABC system the advisor proposes. Note: For all requirements, do not round intermediate calculations. Round your final answers to 2 decimal places

FINANCIAL ACCOUNTING
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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Required information Exercise 9-38 and 9-39 (Algo) The Philip County Historical Society (PCHS) collects and displays historical artifacts from the local area. One of its services is dedicated tours. PCHS offers dedicated tours to two groups: the general public (generally tourists and local residents) and donors. PCHS has two part-time coordinators for these tours-one for the public tours and one for the donor tours. Data for the quarter on the two groups follow: Number of visitors Number of tours Public Tours 500 25 Donor Tours 250 30 Total 750 55 The operational costs associated with the tours have been collected and are presented in the following table: Refreshments, audio guides, and other Tour guide salaries and benefits Coordinator salaries and benefits (@ $12,050 per coordinator) Total $ 22,800 12,050 24,100 $ 58,9 Exercise 9-39 (Algo) Activity-Based Costing: Not-for-Profit (LO 9-3, 5) Required: a. Compute the unit (per visitor) costs for the two tour types (public and donor) assuming PCHS uses the current cost system. b. Compute the unit (per visitor) costs for the two tour types (public and donor) assuming PCHS adopts the ABC system the advisor proposes. Note: For all requirements, do not round intermediate calculations. Round your final answers to 2 decimal places
Transcribed Image Text:Required information Exercise 9-38 and 9-39 (Algo) The Philip County Historical Society (PCHS) collects and displays historical artifacts from the local area. One of its services is dedicated tours. PCHS offers dedicated tours to two groups: the general public (generally tourists and local residents) and donors. PCHS has two part-time coordinators for these tours-one for the public tours and one for the donor tours. Data for the quarter on the two groups follow: Number of visitors Number of tours Public Tours 500 25 Donor Tours 250 30 Total 750 55 The operational costs associated with the tours have been collected and are presented in the following table: Refreshments, audio guides, and other Tour guide salaries and benefits Coordinator salaries and benefits (@ $12,050 per coordinator) Total $ 22,800 12,050 24,100 $ 58,9 Exercise 9-39 (Algo) Activity-Based Costing: Not-for-Profit (LO 9-3, 5) Required: a. Compute the unit (per visitor) costs for the two tour types (public and donor) assuming PCHS uses the current cost system. b. Compute the unit (per visitor) costs for the two tour types (public and donor) assuming PCHS adopts the ABC system the advisor proposes. Note: For all requirements, do not round intermediate calculations. Round your final answers to 2 decimal places
The operational costs associated with the tours have been collected and are presented in the following table: Refreshments, audio guides, and other Tour guide salaries and benefits Coordinator salaries and benefits (@ $12,050 per coordinator) Total Exercise 9-39 (Algo) Activity-Based Costing: Not-for-Profit (LO 9-3, 5) Required: a. Compute the unit (per visitor) costs for the two tour types (public and donor) assuming PCHS uses the current cost system. b. Compute the unit (per visitor) costs for the two tour types (public and donor) assuming PCHS adopts the ABC system the advisor proposes. Note: For all requirements, do not round intermediate calculations. Round your final answers to 2 decimal places a. PCHS uses the current cost system b. PCHS adopts the ABC system the advisor proposes Public $ 22,800 12,050 24,100 $ 58,950 Unit Cost Donor
Transcribed Image Text:The operational costs associated with the tours have been collected and are presented in the following table: Refreshments, audio guides, and other Tour guide salaries and benefits Coordinator salaries and benefits (@ $12,050 per coordinator) Total Exercise 9-39 (Algo) Activity-Based Costing: Not-for-Profit (LO 9-3, 5) Required: a. Compute the unit (per visitor) costs for the two tour types (public and donor) assuming PCHS uses the current cost system. b. Compute the unit (per visitor) costs for the two tour types (public and donor) assuming PCHS adopts the ABC system the advisor proposes. Note: For all requirements, do not round intermediate calculations. Round your final answers to 2 decimal places a. PCHS uses the current cost system b. PCHS adopts the ABC system the advisor proposes Public $ 22,800 12,050 24,100 $ 58,950 Unit Cost Donor
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