Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

89 Order processing Customer support per order per customer 3. Compute the overhead costs for the order from Indus Telecom, including customer support costs. (Round

image text in transcribed
image text in transcribed
image text in transcribed
89 Order processing Customer support per order per customer 3. Compute the overhead costs for the order from Indus Telecom, including customer support costs. (Round your Intermediate calculations and final answers to 2 decimal places. Omlt the "$" sign in your response.) ABC Cost Activity Cost Pool Direct labor support Order processing Customer support Total 4. Prepare a report showing the customer margin for Indus Telecom. (Input all amounts as positive values except losses which should be Indicated by a minus sign. Round your Intermediate calculations and final answers to 2 decimal places. Omit the "$" sign In your response.) Indus Telecom Customer Margin-ABC Analysis $ $ (Click to select) Costs: Click to select) (Click to select) (Click to select) (Click to select) (Click to select) Customer margin $ During the year. Silicon Optics completed an order for a special optical switch for a new customer, Indus Telecom. This customer did not order any other products during the year. Data concerning that order follow. Data Concerning the Indus Telecom Order Selling price $265 per unit Units ordered 100 units Direct materials $260 per unit Direct labor-hours DLH per unit Direct labor rate $ 29 per DLH 0.5 Required: 1. Prepare a report showing the first-stage allocations of overhead costs to the activity cost pools. (Omit the "$" sign in your response.) Direct Labor Order Customer Support Processing Support Other Wages and salaries $ Other overhead costs Totals $ $ Total cost $ $ $ 2. Compute the activity rates for the activity cost pools. (Round your answers to 2 decimal places. Omit the "$" sign In your response.) Activity Cost Pools Activity Rate Direct labor $ support Order processing $ per order Customer support per customer per DLH 66 $ Silicon Optics has supplied the following data for use in its activity-based costing system: Overhead Costs Wages and salaries 353.000 $ 207.000 Other overhead costs Total overhead costs 560,000 Activity Cost Pool Activity Measure Total Activity Direct labor Number of direct labor-hours 5,500 DLHs support Order processing Number of orders 510 orders Customer support Number of customers 90 customers Other This is an organization-sustaining Not applicable activity Distribution of Resource Consumption Across Activities Direct Labor Order customer Processing Support Support Other Total 10% 30% 20% 40% 100% 30% 20% 20% 30% 100% Wages and salaries Other overhead costs During the year. Silicon Optics completed an order for a special optical switch for a new customer, Indus Telecom. This customer did not order any other products during the year Data concerning that order follow: Data Concerning the indus Telecom Order Selling price $265 per unit Units ordered 100 units

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

Step: 3

blur-text-image

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

More Books

Students also viewed these Accounting questions

Question

What do you mean by dual mode operation?

Answered: 1 week ago

Question

Explain the difference between `==` and `===` in JavaScript.

Answered: 1 week ago