Done ACCT20076_T1_2020_Practical a... Assignment questions Baulkham Hills Shire Council owns and operates animal shelter that provides the following services: 1. housing and finding homes for stray and unwanted animals, 2. providing health care and nurturing services for the animals and 3. pet training services The operations are undertaken in three different facilities each dedicated for its own purpose as below: a) One is dedicated to housing animals waiting to be adopted b) The second facility houses veterinarian services c) The third, houses the director, his tall, and several dog trainers. This facility also has several large meeting rooms that are frequently used for classes given by the animal trainer The trainers work with all of the animals to ensure that they are relatively easy to manage. They also provide dog obedience classes for adopting s . Estimated annual costs for the animal shelter and its services are as follows Director and staff salaries Animal shelter employees'salaries Veterinarians and technicians Animal trainers $120.000 200.000 300.000 80.000 Food and supplies Building related costs On average, 150 animals per day are housed at the facility, or about 750 (150 x 365) animal days in total. The number of animals housed during the year old 9000. In addition, the trainers offer about 250 Classes during the year. On average. 20 families attend each class. Last year the veterinarian clinic experienced 10000 nimalis You have been newly appointed as one of the Director's stallembers and have been asked to set up an ABC system for the shelter so that the Director can better understand the cost for each of the shelter's services. You gather the following 10000 square feet Square footage for each facility Animal shelter Director and training Veterinarian clinic Percentage of trainer time used in classes Supplies used for veterinarian services REQUIRED Prepare an Executive Report to advise the Director on the results of an analysis of the costing system and the introduction of an ABC system. Your report should include the following: 1. Show how you identified cost pools and assigned costs to the considering the three cost objects of interest 2. How did you determine a cost driver for each cost pool and explain your choice. 3. Calculate the allocation rates for each cost pool and cost driver. Interpret the allocation rate for each cost poole , explain what it means Done ACCT20076_T1_2020_Practical a... Assignment questions Baulkham Hills Shire Council owns and operates animal shelter that provides the following services: 1. housing and finding homes for stray and unwanted animals, 2. providing health care and nurturing services for the animals and 3. pet training services The operations are undertaken in three different facilities each dedicated for its own purpose as below: a) One is dedicated to housing animals waiting to be adopted b) The second facility houses veterinarian services c) The third, houses the director, his tall, and several dog trainers. This facility also has several large meeting rooms that are frequently used for classes given by the animal trainer The trainers work with all of the animals to ensure that they are relatively easy to manage. They also provide dog obedience classes for adopting s . Estimated annual costs for the animal shelter and its services are as follows Director and staff salaries Animal shelter employees'salaries Veterinarians and technicians Animal trainers $120.000 200.000 300.000 80.000 Food and supplies Building related costs On average, 150 animals per day are housed at the facility, or about 750 (150 x 365) animal days in total. The number of animals housed during the year old 9000. In addition, the trainers offer about 250 Classes during the year. On average. 20 families attend each class. Last year the veterinarian clinic experienced 10000 nimalis You have been newly appointed as one of the Director's stallembers and have been asked to set up an ABC system for the shelter so that the Director can better understand the cost for each of the shelter's services. You gather the following 10000 square feet Square footage for each facility Animal shelter Director and training Veterinarian clinic Percentage of trainer time used in classes Supplies used for veterinarian services REQUIRED Prepare an Executive Report to advise the Director on the results of an analysis of the costing system and the introduction of an ABC system. Your report should include the following: 1. Show how you identified cost pools and assigned costs to the considering the three cost objects of interest 2. How did you determine a cost driver for each cost pool and explain your choice. 3. Calculate the allocation rates for each cost pool and cost driver. Interpret the allocation rate for each cost poole , explain what it means
