Figge and Mathews Public Limited Company, a consulting firm, uses an activity-based costing in which there...

Transcribed Image Text:

Figge and Mathews Public Limited Company, 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: Wages and salaries Travel expenses Other expenses Required: Activity Cost Pools Working On Engagements Business Development Other Total 45% 45% 30% 45% 25% 100% 10% 100% 15% 45% 40% 100% 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 a. Working On Engagements b. Business Development C. Other Total Cost Figge and Mathews Public Limited Company, 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: Wages and salaries Travel expenses Other expenses Required: Activity Cost Pools Working On Engagements Business Development Other Total 45% 45% 30% 45% 25% 100% 10% 100% 15% 45% 40% 100% 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 a. Working On Engagements b. Business Development C. Other Total Cost