SecuriCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los Angeles area. The company isimplementing an activity-based costing system that has four activity cost pools: Travel, Pickup and Delivery, Customer Service, andOther. The activity measures are miles for the Travel cost pool, number of pickups and deliveries for the Pickup and Delivery cost poand number of customers for the Customer Service cost pool. The Other cost pool has no activity measure because it is anorganization-sustaining activity. The following costs will be assigned using the activity-based costing system:Driver and guard wagesVehicle operating expenseVehicle depreciationCustomer representative salaries and$ 1,060,000490,000370,000400,000expensesOffice expensesAdministrative expenses260,000560,000Total cost$ 3,140,000The distribution of resource consumption across thecost pools is as follows:PickupTTT!!andCustomerDelivery35%5%TravelService10%Totals100%100%100%OtherDriver and guard wagesVehicle operating expenseVehicle depreciationCustomer representative salaries and50%5%70%0%0%25%60%15%25%0%0%90%10%100%expensesOffice expenses0%20%30%50%100%< Prev2 of 8Next >search近 Assignment - required iSavedHIThe distribution of resource consumption across the activity cost pools is as follows:PickupandCustomerTravelDelivery35%ServiceOtherTotalsDriver and guard wagesVehicle operating expenseVehicle depreciationCustomer representative salaries and50%10%5%100%70%5%0%25%100%60%15%0%25%100%expensesOffice expensesAdministrative expenses0%10%50%0%90%100%0%20%30%100%0%5%60%35%100%Required:Complete the first stage allocations of costs to activity cost pools.Pickup andCustomerTravelDeliveryServiceOtherTotalsDriver and guard wagesVehicle operating expenseVehicle depreciationCustomer representative salaries and expensesOffice expensesAdministrative expenses< Prev2 of 8Next >o search

Name: SecuriCorp operates a fleet of armored cars that make scheduled picku
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Description: SecuriCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los Angeles area. The company isimplementing an activity-based costing system that has four activity cost pools: Travel, Pickup and Delivery, Customer Serv

Under first stage allocation of costs to activitiy cost pools means division of costs into various…

Business

Accounting

SecuriCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los Angeles area. The company is implementing an activity-based costing system that has four activity cost pools: Travel, Pickup and Delivery, Customer Service, and Other. The activity measures are miles for the Travel cost pool, number of pickups and deliveries for the Pickup and Delivery cost p and number of customers for the Customer Service cost pool. The Other cost pool has no activity measure because it is an organization-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 $ 1,060,000 490,000 370,000 400,000 expenses Office expenses Administrative expenses 260,000 560,000 Total cost $ 3,140,000 The distribution of resource consumption across the activity cost pools is as follows: Pickup and Customer Service Travel 50% Delivery 35% 5% 15% Other 5% 25% Totals Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and 10% 100% 70% 0% 100% 60% 0% 25% 100% 90% 30% 0% 0% expenses Office expenses 10% 50% 100% 100% 0% 20%

SecuriCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los Angeles area. The company is implementing an activity-based costing system that has four activity cost pools: Travel, Pickup and Delivery, Customer Service, and Other. The activity measures are miles for the Travel cost pool, number of pickups and deliveries for the Pickup and Delivery cost p and number of customers for the Customer Service cost pool. The Other cost pool has no activity measure because it is an organization-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 $ 1,060,000 490,000 370,000 400,000 expenses Office expenses Administrative expenses 260,000 560,000 Total cost $ 3,140,000 The distribution of resource consumption across the activity cost pools is as follows: Pickup and Customer Service Travel 50% Delivery 35% 5% 15% Other 5% 25% Totals Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and 10% 100% 70% 0% 100% 60% 0% 25% 100% 90% 30% 0% 0% expenses Office expenses 10% 50% 100% 100% 0% 20%

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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am. 305.
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SecuriCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los Angeles area. The company is implementing an activity-based costing system that has four activity cost pools: Travel, Pickup and Delivery, Customer Service, and Other. The activity measures are miles for the Travel cost pool, number of pickups and deliveries for the Pickup and Delivery cost pool, and number of customers for the Customer Service cost pool. The Other cost pool has no activity measure because it is an organization-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 Office expenses Administrative expenses Total cost $ 1,060,000 490,000 370,000 400,000 260,000 560,000 $ 3,140,000 The distribution of resource consumption across the activity cost pools is as follows: Pickup and Customer Travel Delivery Service Other…
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