Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bossie Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity

Bossie Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system:

Costs:
Wages and salaries $289,000
Depreciation 264,000
Utilities 212,000
Total

$765,000

Distribution of resource consumption:

Activity Cost Pools

Assembly Setting up Other Total
Wages and salaries 50% 30% 20% 100%
Depreciation 25% 20% 55% 100%
Utilities 25% 45% 30% 100%

How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool?

rev: 03_22_2014_QC_47204 Which below is correct answer?

$191,250 $250,833 $263,500 $382,500

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

Financial Accounting

Authors: David Spiceland, Wayne M. Thomas, Don Herrmann

5th edition

1259914895, 978-1259914898

More Books

Students also viewed these Accounting questions

Question

2. To store it and

Answered: 1 week ago