Question
[5:33 AM, 10/15/2020] : Alami Accounting performs two types of services, Audit, and Tax. It uses computer support and legal support as its 2 main
[5:33 AM, 10/15/2020] : Alami Accounting performs two types of services, Audit, and Tax. It uses computer support and legal support as its 2 main activity cost pools.
CPU minutes and legal hours are being used as the activity cost drivers for the two cost pools respectively.
Alamis overhead allocation is done as follows: computer support, $240,328; and legal support, $120,099.
More information on the two services is:
Audit Tax Direct labor cost $50,060 $100,214 CPU minutes 40,108 10,388 Legal hours used 212 817
Alami Accounting performs tax services for Hassan Kane. Direct labor cost is $1,230; 629 CPU minutes were used, and 1 legal hour was use [5:33 AM, 10/15/2020] : Alami Accounting performs two types of services, Audit, and Tax. It uses computer support and legal support as its 2 main activity cost pools.
CPU minutes and legal hours are being used as the activity cost drivers for the two cost pools respectively.
Alami's overhead allocation is done as follows:
computer support, $240,164; and
legal support, $120,133.
More information on the two services is:
Audit Tax Direct labor cost $50,094 $100,095 CPU minutes 40,281 10,166 Legal hours used 226 809
Calculate the overhead applied to AUDIT SERVICES using activity-based costing and write the answer in the box below:
IMPORTANT!!!
WRITE YOUR ANSWER TO THE CLOSEST 2 DECIMAL POINTS.
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