Gant Accounting performs two types of services, Audit and Tax. Gant's overhead costs consist of computer support,

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Gant Accounting performs two types of services, Audit and Tax. Gant's overhead costs consist of computer support, $300,000; and legal support, $150,000. Information on the two services is:

Audit Tax
Direct labor cost
$50,000 $100,000

CPU minutes
40,000 10,000

Legal hours used
200 800

Gant Accounting performs tax services for Cathy Lane. Direct labor cost is $1,200; 600 CPU minutes were used; and 1 legal hour was used. What is the total cost of the Lane job using activity-based costing?

Posted Date: Nov 15, 2021 05:53 PM

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Gant Accounting performs two types of services, Audit and Tax. Gant's overhead costs consist of computer support,

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Calculation of total cost of lane using activitybased costing system To... View the full answer

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