Green Thumb USA provides lawn care and landscaping services to commercial clients. Green Thumb USA uses activity-based costing to bid on jobs and to evaluate their profitability. Green Thumb USA reports the following budgeted annual costs: (Click the icon to view budgeted annual costs.) (Click the icon to view additional information.) Read the requirements .. Requirement 1. Allocate Green Thumb USA's costs to the activity cost pools and determine the activity rate for each pool. Start by allocating Green Thumb USA's costs to the activity-cost pools. (Enter zero in any cell If no amount should be allocated to the activity-cost pool.) Lawn Landscape care Total Estimating jobs $ 27,000 $ 12,400 design 40,500 $ Other 54,000 S Wages and salaries 270,000 148,500 $ $ 27.900 9,300 12,400 Depreciation Supplies 0 0 115,000 174,000 0 43,500 62.000 115.000 290.000 Other overhead 58,000 14,500 80,900 $ $ 97,400 S 465,400 $ 93,300 $ Total 737.000 Now select the formula used to determine the cost driver rates, then calculate the activity rate for each pool. (Abbreviation used: DLH = Direct labor-hour. Round the answers to the nearest cent, "X.XX.) Cost Total quantity of cost driver Cost driver rate Estimating Jobs $ 97,400 100 = S 974.00 per estimate Lawn care $ 465,400 5,000 = S 93.08 per DLH Landscape design $ 93,300 825 = S 149.28 per design hour Requirement 3. Green Thumb USA does 34 landscape designs for its customers each year. Estimate the total cost for the Shasta Office park job if Green Thumb USA allocated costs of the Landscape Design activity based on the number of landscape designs rather than the number of landscape design-hours. How much would Green Thumb USA bid to perform the job? Which cost driver do you prefer for the Landscape Design activity? Why? How much would Green Thumb USA bid to perform the job? Estimating jobs $ 974.00 Lawn care $ 9,308.00 2,744.12 1 $ Landscape design Total costs $ 13,026.12 Markup multiplier 150 % $ 19,539.18 Bid estimate Which cost driver do you prefer for the Landscape Design activity? Why? While the Shasta Office park landscape design is only one of 34 performed by Green Thumb USA, it accounts for as the cost driver results in a bid estimate that is too low. Using the number of landscape design-hours, making it complex than the average design. Using the number of is a more accurate measure of Green Thumb USA's costs for each job because it 150 % S 24,379.80 humb USA does 34 landscape designs for its customers each year. Estimate the total cost for the Shasta Office park job if Green Thumb USA allocated costs of the Lan igns rather than the number of landscape design-hours. How much would Green Thumb USA bid to perform the job? Which cost driver do you prefer for the Landscape Thumb USA bid to perform the job? S 974.00 $ 9,308.00 2,744.12 $ $ 13,026.12 1509 19.539.18 ou prefer for the Landscape Design activity? Why? e park landscape design is only one of 34 performed by Green Thumb USA, it accounts for as the cost driver results in a bid estimate that is too low. Using the number of landscape design-hours, making it V complex than the average desi is a more accurate measure of Green Thumb USA's costs for ea less Clea this Etext pages Get more help more 79F Mostly clear ere to search ? Why? performed by Green Thumb USA, it accounts for mate that is too low. Using the number of landscape design-hours, making it is a more accurate meast flm complex than the average design. Using the number of mb USA's costs for each job because it less more Clear all re help Check an 79F Mostly clear 8:45 P 11/4/20 PrtScn F8 Home F9 End Poup F6 F F7 F10 Total costs $ 16,253.20 Markup multiplier 150% $ Bid estimate 24,379.80 Requirement 3. Green Thumb USA does 34 landscape designs f number of landscape designs rather than the number of landscap How much would Green Thumb USA bid to perform the job? Estimating jobs $ 974.00 Lawn care $ 9,308.00 $ 2,744.12 Landscape design $ 13,026.12 150 % $ 19,539.18 landscape designs he Landscape Design activity? landscape design-hours ape design is only one of 34 pe as the cost driver results in a bid estima Help me solve this Etext pages Get more h $ 16,253.20 150 % ultiplier $ 24,379.80 ate ent 3. Green Thumb USA does 34 landscape designs for its customers each year. Estimate the total cost for the Shasta Office park job if Green Thum landscape designs rather than the number of landscape design-hours. How much would Green Thumb USA bid to perform the job? Which cost driver h would Green Thumb USA bid to perform the job? $ 974.00 ng jobs $ re 9,308.00 $ 2,744.12 ape design sts $ 13,026.12 150 % multiplier S. 19,539.18 imate landscape designs cost driver do you prefer for the Landscape Design activity? Why? landscape design-hours lours, making it the Shasta Office park landscape design is only one of 34 performed by Green Thumb USA, it acco as the cost driver results in a bid estimate that is too low. Using the number of V is a more accurate measure of elp me solve this Etext pages Get more help Type here to search e Read the requirements Total costs $ 16,253.20 Markup multiplier 150 % 24,379.80 Bid estimate $ Requirement 3. Green Thumb USA does 34 landscape designs for its customers each year. Estimate th number of landscape designs rather than the number of landscape design-hours. How much would Gree How much would Green Thumb USA bid to perform the job? Estimating jobs $ 974.00 Lawn care $ 9,308.00 $ Landscape design 2,744.12 distinguishes the costs between simple and complex landscape designs results in a more competitive bid price. simplifies the cost allocation process. Thumb USA, it accou Using the number of Help me solve this Etext pages Get more help Type here to search Data table I LOLA to the - X . Data table $ Wages and salaries Depreciation Supplies 270.000 62,000 115,000 290,000 Other overhead $ 737,000 John Butler, controller of Green Thumb USA, has established four activity cost pools and the following budgeted activity for each cost pool: Activity Cost Pool Activity Measure Total Activity for the Year Estimating jobs Number of job estimates 100 estimates Lawn care Number of direct labor-hours - 5,000 direct labor-hours - Landscape design Number of design hours 625 design hours Other Facility-sustaining costs that are not allocated to jobs Not applicable Butler estimates that Green Thumb USA's costs are distributed to the activity-cost pools as follows: Estimating Landscape Jobs Lawn Care Design Other Total Wages and salaries 10% 55% 15% 20% 100% Depreciation 20% 45% 15% 20% 100% Supplies 0% 100% 0% 0% 100% Other overhead 20% 60% 15% 5% 100% Total overhead costs Print Done activ Whe Shasta Office Park, a new development in a nearby community, has contacted Green Thumb USA to provide an estimate on landscape design and annual lawn maintenance. The job is estimated to require a single landscape design requiring 40 design hours in total and 100 direct labor-hours annually. Green Thumb USA has a policy of pricing estimates at 150% of cost. Print Done Requirements 1. Allocate Green Thumb USA's costs to the activity-cost pools and determine the activity rate for each pool. 2. Estimate total cost for the Shasta Office Park job. How much would Green Thumb USA bid to perform the job? 3. Green Thumb USA does 34 landscape designs for its customers each year. Estimate the total cost for the Shasta Office park job if Green Thumb USA allocated costs of the Landscape Design activity based on the number of landscape designs rather than the number of landscape design-hours. How much would Green Thumb USA bid to perform the job? Which cost driver do you prefer for the Landscape Design activity? Why? 4. Shasta Office Park asks Green Thumb USA to give an estimate for providing its services for a 2-year period. What are the advantages and disadvantages for Green Thumb USA to provide a 2-year estimate? Print Done Green Thumb USA provides lawn care and landscaping services to commercial clients. Green Thumb USA uses activity-based costing to bid on jobs and to evaluate their profitability. Green Thumb USA reports the following budgeted annual costs: (Click the icon to view budgeted annual costs.) (Click the icon to view additional information.) Read the requirements .. Requirement 1. Allocate Green Thumb USA's costs to the activity cost pools and determine the activity rate for each pool. Start by allocating Green Thumb USA's costs to the activity-cost pools. (Enter zero in any cell If no amount should be allocated to the activity-cost pool.) Lawn Landscape care Total Estimating jobs $ 27,000 $ 12,400 design 40,500 $ Other 54,000 S Wages and salaries 270,000 148,500 $ $ 27.900 9,300 12,400 Depreciation Supplies 0 0 115,000 174,000 0 43,500 62.000 115.000 290.000 Other overhead 58,000 14,500 80,900 $ $ 97,400 S 465,400 $ 93,300 $ Total 737.000 Now select the formula used to determine the cost driver rates, then calculate the activity rate for each pool. (Abbreviation used: DLH = Direct labor-hour. Round the answers to the nearest cent, "X.XX.) Cost Total quantity of cost driver Cost driver rate Estimating Jobs $ 97,400 100 = S 974.00 per estimate Lawn care $ 465,400 5,000 = S 93.08 per DLH Landscape design $ 93,300 825 = S 149.28 per design hour Requirement 3. Green Thumb USA does 34 landscape designs for its customers each year. Estimate the total cost for the Shasta Office park job if Green Thumb USA allocated costs of the Landscape Design activity based on the number of landscape designs rather than the number of landscape design-hours. How much would Green Thumb USA bid to perform the job? Which cost driver do you prefer for the Landscape Design activity? Why? How much would Green Thumb USA bid to perform the job? Estimating jobs $ 974.00 Lawn care $ 9,308.00 2,744.12 1 $ Landscape design Total costs $ 13,026.12 Markup multiplier 150 % $ 19,539.18 Bid estimate Which cost driver do you prefer for the Landscape Design activity? Why? While the Shasta Office park landscape design is only one of 34 performed by Green Thumb USA, it accounts for as the cost driver results in a bid estimate that is too low. Using the number of landscape design-hours, making it complex than the average design. Using the number of is a more accurate measure of Green Thumb USA's costs for each job because it 150 % S 24,379.80 humb USA does 34 landscape designs for its customers each year. Estimate the total cost for the Shasta Office park job if Green Thumb USA allocated costs of the Lan igns rather than the number of landscape design-hours. How much would Green Thumb USA bid to perform the job? Which cost driver do you prefer for the Landscape Thumb USA bid to perform the job? S 974.00 $ 9,308.00 2,744.12 $ $ 13,026.12 1509 19.539.18 ou prefer for the Landscape Design activity? Why? e park landscape design is only one of 34 performed by Green Thumb USA, it accounts for as the cost driver results in a bid estimate that is too low. Using the number of landscape design-hours, making it V complex than the average desi is a more accurate measure of Green Thumb USA's costs for ea less Clea this Etext pages Get more help more 79F Mostly clear ere to search ? Why? performed by Green Thumb USA, it accounts for mate that is too low. Using the number of landscape design-hours, making it is a more accurate meast flm complex than the average design. Using the number of mb USA's costs for each job because it less more Clear all re help Check an 79F Mostly clear 8:45 P 11/4/20 PrtScn F8 Home F9 End Poup F6 F F7 F10 Total costs $ 16,253.20 Markup multiplier 150% $ Bid estimate 24,379.80 Requirement 3. Green Thumb USA does 34 landscape designs f number of landscape designs rather than the number of landscap How much would Green Thumb USA bid to perform the job? Estimating jobs $ 974.00 Lawn care $ 9,308.00 $ 2,744.12 Landscape design $ 13,026.12 150 % $ 19,539.18 landscape designs he Landscape Design activity? landscape design-hours ape design is only one of 34 pe as the cost driver results in a bid estima Help me solve this Etext pages Get more h $ 16,253.20 150 % ultiplier $ 24,379.80 ate ent 3. Green Thumb USA does 34 landscape designs for its customers each year. Estimate the total cost for the Shasta Office park job if Green Thum landscape designs rather than the number of landscape design-hours. How much would Green Thumb USA bid to perform the job? Which cost driver h would Green Thumb USA bid to perform the job? $ 974.00 ng jobs $ re 9,308.00 $ 2,744.12 ape design sts $ 13,026.12 150 % multiplier S. 19,539.18 imate landscape designs cost driver do you prefer for the Landscape Design activity? Why? landscape design-hours lours, making it the Shasta Office park landscape design is only one of 34 performed by Green Thumb USA, it acco as the cost driver results in a bid estimate that is too low. Using the number of V is a more accurate measure of elp me solve this Etext pages Get more help Type here to search e Read the requirements Total costs $ 16,253.20 Markup multiplier 150 % 24,379.80 Bid estimate $ Requirement 3. Green Thumb USA does 34 landscape designs for its customers each year. Estimate th number of landscape designs rather than the number of landscape design-hours. How much would Gree How much would Green Thumb USA bid to perform the job? Estimating jobs $ 974.00 Lawn care $ 9,308.00 $ Landscape design 2,744.12 distinguishes the costs between simple and complex landscape designs results in a more competitive bid price. simplifies the cost allocation process. Thumb USA, it accou Using the number of Help me solve this Etext pages Get more help Type here to search Data table I LOLA to the - X . Data table $ Wages and salaries Depreciation Supplies 270.000 62,000 115,000 290,000 Other overhead $ 737,000 John Butler, controller of Green Thumb USA, has established four activity cost pools and the following budgeted activity for each cost pool: Activity Cost Pool Activity Measure Total Activity for the Year Estimating jobs Number of job estimates 100 estimates Lawn care Number of direct labor-hours - 5,000 direct labor-hours - Landscape design Number of design hours 625 design hours Other Facility-sustaining costs that are not allocated to jobs Not applicable Butler estimates that Green Thumb USA's costs are distributed to the activity-cost pools as follows: Estimating Landscape Jobs Lawn Care Design Other Total Wages and salaries 10% 55% 15% 20% 100% Depreciation 20% 45% 15% 20% 100% Supplies 0% 100% 0% 0% 100% Other overhead 20% 60% 15% 5% 100% Total overhead costs Print Done activ Whe Shasta Office Park, a new development in a nearby community, has contacted Green Thumb USA to provide an estimate on landscape design and annual lawn maintenance. The job is estimated to require a single landscape design requiring 40 design hours in total and 100 direct labor-hours annually. Green Thumb USA has a policy of pricing estimates at 150% of cost. Print Done Requirements 1. Allocate Green Thumb USA's costs to the activity-cost pools and determine the activity rate for each pool. 2. Estimate total cost for the Shasta Office Park job. How much would Green Thumb USA bid to perform the job? 3. Green Thumb USA does 34 landscape designs for its customers each year. Estimate the total cost for the Shasta Office park job if Green Thumb USA allocated costs of the Landscape Design activity based on the number of landscape designs rather than the number of landscape design-hours. How much would Green Thumb USA bid to perform the job? Which cost driver do you prefer for the Landscape Design activity? Why? 4. Shasta Office Park asks Green Thumb USA to give an estimate for providing its services for a 2-year period. What are the advantages and disadvantages for Green Thumb USA to provide a 2-year estimate? Print Done