Question
Excel CPA Firm performs two types of services, Audit and Tax. The company's overhead costs consist of computer support, $25,200; and legal support, $104,400. Information
Excel CPA Firm performs two types of services, Audit and Tax. The company's overhead costs consist of computer support, $25,200; and legal support, $104,400. Information on the two services is:
| Audit | Tax | Total | |
| Direct labor cost | $94,000 | $56,000 | $150,000 |
| CPU minutes | 23,000 | 27,000 | 50,000 |
| Legal hours used | 570 | 430 | 1,000 |
The company performs tax services for Katie Lynn. Direct labor cost is $3,100; 210 CPU minutes were used; and 4 legal hours were used. What is the total cost of the Lynn job using activity-based costing?
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Managerial Accounting
Authors: Unknown Author
1st Edition
007723023X, 978-0077230234
