Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

60% Use the following to answer questions 13-14: Forse Florist specializes in large floral bouquets for hotels and other commercial spaces. The company has provided

image text in transcribed

60% Use the following to answer questions 13-14: Forse Florist specializes in large floral bouquets for hotels and other commercial spaces. The company has provided the following data concerning its annual overhead costs and its activity based costing system: Overhead Costs: Wages and Salaries $80,000 Other Expenses $40,000 Total $120,000 Distribution of Resource Consumption: Activity Cost Pools Making Bouquets Delivery Other Total Wages and Salaries 30% 10% 100% Other Expenses 45% 25% 30% 100% The Other activity cost pool consists of the costs of idle capacity and organization- sustaining costs. The amount of activity for the year is as follows: Activity Cost Activity Pool Making Bouquets 60,000 bouquets Delivery 5,000 deliveries Activity Cost Pool Activity Making Bouquets60,000 bouquets Delivery5,000 deliveries Question 13 (1 point) What would be the total overhead cost per bouquet according to the activity-based costing system, rounded to the nearest whole cent? In other words, what would be the overall activity rate for the Making Bouquets activity cost pool? A $0.90 B) $1.05. C) $1.10. D) $1.20. Question 14 (1 point) What would be the total overhead cost per delivery according to the activity-based costing system, rounded to the nearest whole cent? In other words, what would be the overall activity rate for the Deliveries activity cost pool? Al 56.00 B) $6.60 C) $6.80 D) $7.20

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting

Authors: John Hoggett, John Medlin, Lew Edwards, Matthew Tilling, Evelyn Hoggett Hogg

6th Edition

1742466354, 978-1742466354

More Books

Students also viewed these Accounting questions