Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

as soon as possible please Required Information Rose Florist specializes in large floral bouquets for hotels and other commercial spaces. The company has provided following

image text in transcribed

image text in transcribed

image text in transcribed

as soon as possible please

Required Information Rose Florist specializes in large floral bouquets for hotels and other commercial spaces. The company has provided following data concerning its annual overhead costs and its activity-based costing system: Overhead costs: Wages and salaries Other expenses Total $82,000 42,000 $124,000 Distribution of Resource Consumption: Other Activity Cost Pools Making Bouquets Delivery 60% 30% 50% 20% Wages and salaries Other expenses 10% 30% 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 Pool Making bouquets Activity 60,000 bouquets Saved Help Save & Wages and salaries Other expenses 60% 50% 30% 20% 10% 30% 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 Pool Making bouquets Delivery Activity 60,000 bouquets 7,000 deliveries What would be the total overhead cost per bouquet according to the activity-based costing system, rounded to the nearest whole cent? In other w what would be the overall activity rate for the Making Bouquets activity cost pool? ) $1.17 ) $1.20 ) $0.97 $1.05

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

Accounting Theory

Authors: Contemporary Accounting Issues

1st Edition

9780324107845

More Books

Students also viewed these Accounting questions

Question

Why are stereotypes so resistant to change?

Answered: 1 week ago