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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
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 $490,000 190,000 250,000 $930,000 Total Distribution of resource consumption: Activity Cost Pools Wages and salaries Travel expenses Other expenses Working on Engagements 458 45% 15% Business Development 30% 45% 45% Other 25% 10% 408 Total 100% 100% 1008 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 Other a. b. c
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