Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bell, Biv, and Devoe Company had the following activities, estimated indirect activity costs, and allocation bases: Allocation Base 2200 33,000 Activities Indirect Activity Costs Account

image text in transcribed
Bell, Biv, and Devoe Company had the following activities, estimated indirect activity costs, and allocation bases: Allocation Base 2200 33,000 Activities Indirect Activity Costs Account inquiry (hours) $85,000 Account billing (lines) $52,000 Account verification (accounts) $36.250 Correspondence (letters) $71,000 The company uses activity-based costing. 28,500 11,000 The above activities are used by Departments P and Q as follows: Department Pl Department Account inquiry (hours) 400 800 Account billing (lines) 10,000 4,000 Account verification (accounts) 8000 6000 Correspondence (letters) 1,000 2,000 How much of the account verification costs will be assigned to Department P? (Do not round intermediate calculations and round the final answer to the nearest dollar) $10,175 $12.175 -$290 $7632

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

Lawyers And The Proceeds Of CrimeThe Facilitation Of Money Laundering And Its Control

Authors: Katie Benson

1st Edition

1138744867, 9781138744868

More Books

Students also viewed these Accounting questions