{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T01:23:19-04:00", "answer_date": "2024-06-29 01:23:19", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4437909", "url": "\/study-help\/questions\/allocating-selling-and-administrative-expenses-using-activitybased-costing-shrute-inc-4437909", "question_creation_date_js": "2024-06-29T01:23:19-04:00", "question_creation_date": "Jun 29, 2024 01:23 AM", "meta_title": "[Solved] Allocating selling and administrative exp | SolutionInn", "meta_description": "Answer of - Allocating selling and administrative expenses using activity-based costing Shrute Inc. manufactures office copiers, w | SolutionInn", "meta_keywords": "allocating,selling,administrative,expenses,activity-based,costing,shrute,inc,manufactures,office,copiers,sold", "question_title_h1": "Allocating selling and administrative expenses using activity-based costing Shrute Inc. manufactures office copiers, which are sold to retailers. The price and cost of goods sold", "question_title": "Allocating selling and administrative expenses using activity-based costing Shrute Inc. manufactures office", "question_title_for_js_snippet": "Allocating selling and administrative expenses using activity based costing Shrute Inc manufactures office copiers, which are sold to retailers The price and cost of goods sold for each copier are as follows Price $730 per unit Cost of goods sold (440) Gross profit $290 per unit In addition, the company incurs selling and administrative expenses of $251,640 The company wishes to assign these costs to its three major retail customers, The Warehouse, Kosmo Co , and Supply Universe These expenses are related to its three major nonmanufacturing activities customer service, sales order processing, and advertising support The advertising support is in the form of advertisements that are placed by Shrute Inc to support the retailer's sale of Shrute copiers to consumers The budgeted activity costs and activity bases associated with these activities are Budgeted Activity Activity Cost Activity Base Customer service $39,520 Number of service requests Sales order processing 22,320 Number of sales orders Advertising support 189,800 Number of ads placed Total activity cost $251,640 Activity base usage and unit volume information for the three customers is as follows The Supply Warehouse Kosmo Co Universe Total Number of service requests 50 10 200 260 Number of sales orders 260 110 560 930 Number of ads placed 20 10 100 130 Unit volume 710 710 710 2,130 Required 1 Determine the activity rates for each of the three nonmanufacturing activities Round to the nearest whole dollar Activity Rate Customer Service $ per serv req Next", "question_description": "

<\/p>

<\/p>

\"image<\/div><\/div><\/div> Allocating selling and administrative expenses using activity-based costing Shrute Inc. manufactures office copiers, which are sold to retailers. The price and cost of goods sold for each copier are as follows: Price $730 per unit Cost of goods sold (440) Gross profit $290 per unit In addition, the company incurs selling and administrative expenses of $251,640. The company wishes to assign these costs to its three major retail customers, The Warehouse, Kosmo Co., and Supply Universe. These expenses are related to its three major nonmanufacturing activities: customer service, sales order processing, and advertising support. The advertising support is in the form of advertisements that are placed by Shrute Inc. to support the retailer's sale of Shrute copiers to consumers. The budgeted activity costs and activity bases associated with these activities are: Budgeted Activity Activity Cost Activity Base Customer service $39,520 Number of service requests Sales order processing 22,320 Number of sales orders Advertising support 189,800 Number of ads placed Total activity cost $251,640 Activity-base usage and unit volume information for the three customers is as follows: The Supply Warehouse Kosmo Co. Universe Total Number of service requests 50 10 200 260 Number of sales orders 260 110 560 930 Number of ads placed 20 10 100 130 Unit volume 710 710 710 2,130 Required: 1. Determine the activity rates for each of the three nonmanufacturing activities. Round to the nearest whole dollar. Activity Rate Customer Service $ per serv. req. Next", "transcribed_text": "", "related_book": { "title": "Intermediate Accounting", "isbn": "470964731, 978-0470964736, 978-0470161012", "edition": "9th Canadian Edition, Volume 2", "authors": "Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/516.jpg", "uri": "\/textbooks\/intermediate-accounting-9th-canadian-edition-volume-2-516", "see_more_uri": "" }, "free_related_book": { "isbn": "B0C6KBBY3R", "uri": "\/textbooks\/garstor-pet-hair-remover-roller-b0c6kbby3r", "name": "Garstor Pet Hair Remover Roller", "edition": "" }, "question_posted": "2024-06-29 01:23:19", "see_more_questions_link": "\/study-help\/questions\/business-general-management-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/change-in-liquid-height-with-time-fig-711--a-derive", "description": "Change in liquid height with time (Fig. 7.1-1). (a) Derive Eq. 7.1-4 by using integral calculus. (b) In Example 7.1-1, obtain the expression for the liquid height h as a function of time t. (c) Make...", "stars": 3 }, { "url": "\/study-help\/theory-of-probability\/events-occur-according-to-a-poisson-process-with-rate--1984852", "description": "Events occur according to a Poisson process with rate . Each time an event occurs, we must decide whether or not to stop, with our objective being to stop at the last event to occur prior to some...", "stars": 3 }, { "url": "\/part-1-consider-the-four-identical-spheres-below-each-with", "description": "Part 1: Consider the four identical spheres below, each with a mass of 2.00 g. Calculate the average mass of a sphere in this sample. Part 2: Now consider a sample that consists of four spheres, each...", "stars": 3 }, { "url": "\/study-help\/questions\/what-might-happen-in-the-banking-center-if-the-proper-9851600", "description": "what might happen in the banking center if the proper A\/R and A\/P workflows are not followed the match transactions scteen might leave out deposits sales tax might incorrect multiple transactions...", "stars": 3 }, { "url": "\/study-help\/questions\/pepper-department-store-allocates-its-service-department-expenses-to-its-6998464", "description": "Pepper Department Store allocates its service department expenses to its various operating (sales) departments. The following data is available for its service departments: The following information...", "stars": 3 }, { "url": "\/study-help\/questions\/audimax-company-is-an-electronics-company-specializing-in-the-manufacture-1007487", "description": "Audimax company is an electronics company specializing in the manufacture of home audio equipment . Historically, the company has used solely financial performance measures to asses the performance...", "stars": 3 }, { "url": "\/study-help\/questions\/20-points-prismatic-bars-of-various-thinwalled-crosssections-of-uniform-1024339", "description": "(20 points) Prismatic bars of various thin-walled cross-sections of uniform thickness t (shown below) are to be loaded in torsion. Calculate the torsion constant for each shape below, Ji (i = 0, 1,...", "stars": 3 }, { "url": "\/study-help\/questions\/the-process-of-recruitment-has-always-been-a-high-volume-1008057", "description": "The process of recruitment has always been a high volume and constant in the hospitality industry. The industry has a relatively large proportion of entry level, low skilled jobs which by their...", "stars": 3 }, { "url": "\/study-help\/questions\/for-each-of-the-problems-below-the-material-is-assumed-1024408", "description": "For each of the problems below, the material is assumed to be carbon (M55 fiber) \/ epoxy composite with the following properties: E = 40 Msi E2 = 1.8 Msi V12 = 0.3 G12 = 0.7 Msi X = 230 ksi Xc = -180...", "stars": 3 }, { "url": "\/study-help\/questions\/directed-research-on-a-company-10-of-overall-grade-the-1008213", "description": "Directed Research on a Company (10% of overall grade) The purpose of this assignment is to provide the opportunity to demonstrate your ability to research a global company and show how companies can...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/2-what-advice-would-you-give-a-seneca-polytechnic-hr-4437908", "next": "\/study-help\/questions\/mozitoto-inc-creates-animated-music-videos-for-kids-the-firm-4437910" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "Allocating selling and administrative expenses using activity-based costing Shrute Inc. manufactures office", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/allocating-selling-and-administrative-expenses-using-activitybased-costing-shrute-inc-4437909" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } } }