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Figge and Mathews PLC, a consulting firm, uses an activity-based costing in which there are three activity cost pools. The company has provided the following
Figge and Mathews PLC, a consulting firm, uses an activity-based costing in which there are three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system: Costs Wages and salaries Travel expenses Other expenses Total $ 520,000 220,000 280,000 $1,020,000 Distribution of resource consumption: Activity Cost Pools Wages and salaries Travel expenses Other expenses Working on Engagements 45% 45% 15% Business Development 30% 45% 45% Other 25% 10% 40% Total 100X 100% 100% Required: a. How much cost, in total, would be allocated to the Working On Engagements activity cost pool? b. How much cost . In total , would be allocated to the Business Development activity cost pool? c. How much cost, in total would be allocated to the other activity cost pool? Activity Cost Pool Total Cost Working On Engagements Business Development a b Other
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