Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Corey Hart has just opened an interior design business. Corey is targeting customers n established neighborhoods who want to restore and update their homes. Corey

image text in transcribedimage text in transcribedimage text in transcribed

Corey Hart has just opened an interior design business. Corey is targeting customers n established neighborhoods who want to restore and update their homes. Corey Hart's staff of interior designers performs the follawing activities on a daily basis: Activity sing 1 hour 3.25 Answering client questlons 6 bours Billing clients 1.75 Cleaning the office Client consultations (in-home) Completing paperwork for client file 51 boure Designing bours Entertaining prospective clients r Junch bours On-site supervision of installers 5 hours Staff meeting hours Required Compute the time spent each day on value-added and non-value-added activities. (Round your answers to 2 decimal places.) Time (in Activity hours) Value-Added Non-Value-Added EE R tn 000prctera awnssionals Un a new otelior won wwes toiro 0B atroler bas ice dre kewactivitins ond and the ast at ench c ergraduate courses to 9,000 students and continuing professional education DH mont nondoo ner o n lg pa RE DO d citar studer sopsces to both arn Te t $420 o2 127 500 square feet Total cost, $1,650,000 UDH ofers 1,500 diferent insructional courses e8ach year, 975 of which sre undergraduste coursee. Total cost, $3,450,000. Required 1, Compule an activity rale for each of the three activties identified by pantroller, (Round activity Rates to 2 decimal places.) Activity Activity Cost Cost Total Activity Driver Activity Rate Faciilies Square Feet 1,b30,000 INumber of 420,000 Services 3,450,000 Instruction Courses 2. Compule cost driver values and activity proportions for each group of stucents for each activity. Activity Activity Cost Square Feet Total Cost Undargraduate Activity Proportion Activity Proportion CPE Total Proportion Facilies 1,650.000 Number of 420,000 Services Number af Instructionurses 3.450.000 dthe cust per student to UDH to provide these three key activities. (Do not round your activity rates or activity proportions.) 3. Determine the amount of costs assigned to each group of students a Activity Cost Cost Driver Activity Undargraduate CPE Facilies Square Feed 1,650,000 Services 420,000 Number o Instruction Totel Cost 3.450 000 Courses Shudanla Determine the amount costs assigned to each group of students and the cost per student to UDH to provide these three key activities. (Do not round your activity rates or activity proportions.) Cost unaergrauuate ACUVIty Driver CPE S Square Feet Facilities 1,650,000 Services Studente Number of Courses 420.000 S Instruction ,450,000 Total Cost Assigned Number of Student

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

More Books

Students also viewed these Accounting questions