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Costs for the Year Wages and salaries Disposal fees Equipment depreciation On-site supplies Office expenses Licensing and insurance $ 317,000 712,000 97,e00 55,000 220,000 420,000

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Costs for the Year Wages and salaries Disposal fees Equipment depreciation On-site supplies Office expenses Licensing and insurance $ 317,000 712,000 97,e00 55,000 220,000 420,000 $1,821,000 Total cost Distribution of Resource Consumption Across Activities Estimating Working on Nonroutine Jobs 20% Removing Asbestos and Job Setup 15% Other 15% Total Wages and salaries Disposal fees Equipment depreciation On-site supplies Office expenses Licensing and insurance 50% 60% 100% 0% 40% 100% 50% 10% 15% 25% 100% 100% 60% 25% 15% 10% 40% 15% 35% 100% 30% 60% 10% 100% Required: 1. Perform the first-stage allocation of costs to the activity cost pools 2. Compute the activity rates for the activity cost pools. 3. Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system. a. A routine 1,000-square-foot asbestos removal job. b. A routine 2,000-square-foot asbestos removal job. c. A nonroutine 2,000-square-foot asbestos removal job. Complete this question by entering your answers in the tabs below. asbestos removal job. c. A nonroutine 2,000-square-foot asbestos removal job. Complete this question by entering your answers In the tabs below. Req 1 Req 2 Req 3A to 3C Perforrn the first-stage allocation of costs to the activity cost pools. Estimating and Job Setup Working on Nonroutine Removing asbestos Other Total Jobs Wages and salaries Disposal fees Equipment depreciation On-site supplies Office expenses Licensing and insurance Total cost estos removal job. b.A routine 2,000-square-foot asbestos removal job. c. A nonroutine 2,000-square-foot asbestos removal job. Complete this questlon by entering your answers in the tabs below. Req 1 Req 3A to 3C Req 2 Compute the activity rates for the activity cost pools. Activity Cost Pool Removing asbestos Estimating and job setup Working on nonroutine jobs Activity Rate per thousand square feet per job per nonroutine job Req 1 Req 2 Req 3A to 3C Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system. (Round the "Average Cost per thousand square feet" to 2 decimal places.) a. A routine 1,000-square-foot asbestos removal job. b. A routine 2,000-square-foot asbestos removal job. c. A nonroutine 2,000-square-foot asbestos removal job. Show less Routine 2,000 sq. ft. job Routine 1,000 sq. ft. Job Nonroutine 2,000 sq ft. Job Total cost of the job Average Cost per thousand square feet

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