Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can someone please help and include explanations? thanks SecunCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los Angeles

image text in transcribed

can someone please help and include explanations? thanks

SecunCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los Angeles area. The company is impremering an activity based costing system that has four activity cost pools Travel Pickup and Delivery. Customer Service, and Other The acny measures are miles for the Travel cost pool number of pickups and deliveries for the Pickup and Delivery cost pool, and number of customers for the Customer Service cost pool The Other cost pool has no activity measure because it is an organization Sustaining city. The folowing costs will be assigned using the activity-based costing system: Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and expenses Office expenses Administrative expenses Total cost $ 920,000 350,000 230,000 260 000 120,000 420,000 $ 2,300.000 The distribution of resource consumption across the activity cost pools is as follows: Travel 50% 70% 60% Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and expenses Office expenses Administrative expenses Pickup and Delivery 35% 5% 15% ON 20% 5% Customer Service 10 0% 0% 90% 30% 60% Other 55 25% 25% 10% 50% 35% Total 100% 100% 10096 100% 100% 100% 09 0% Required: Complete the first stage allocations of costs to activity cost pools Pickup and Delivery Customer Service Other Tocals Travel Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and expenses Office expenses Administrative expenses Total cost

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

Financial Accounting

Authors: V.K. Gopal

1st Edition

9788174467461

More Books

Students also viewed these Accounting questions