headquarters... Miracle Consulting Corporation has its headquarters in Chicago and operates from three branch offices in Portland, Dallas, and Miami. Two of the company's activity cost pools are General Service and Research Service. These costs are allocated to the three branch offices using an activity-based costing system. Information for next year follows: ces Activity Cost Pool General service Research service Activity Measure % of time devoted to branch Computer time Estimated Cost $830,000 $229,440 Estimated branch data for next year is as follows: Portland Dallas Miami % of time 30% 60% 10% Computer time 226,000 minutes 176,000 minutes 76,000 minutes How much of the headquarters cost allocation should the Dallas office expect to receive next year? Multiple Choice Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate $398,000 of indirect costs. The bankwide rate could be based on either direct labor hours (DLH) or the number of loans processed. The departmental rates would be based on direct labor hours for Consumer Loans and a dual rate based on direct labor hours and the number of loans processed for Commercial Loans. The following information was gathered for the upcoming period Department Consumer Commercial DLH 18,000 6,000 Loans Processed 750 250 Direct Costs $290,000 $170,000 bes If Banc Corp. Trust uses a bankwide rate based on the number of loans processed, what would be the total costs for the Consumer Department? Multiple Choice $265,000 $568,000 Miracle Consulting Corporation has its headquarters in Chicago and operates from three branch offices in Portland, Dallas, and Miami. Two of the company's activity cost pools are General Service and Research Service. These costs are allocated to the three branch offices using an activity-based costing system. Information for next year follows: Activity Cost Pool General service Research service Activity Measure % of time devoted to branch Computer time Estimated Cost $830,000 $229,440 Estimated branch data for next year is as follows: Portland Dallas Miami % of time 30% 60% 10% Computer time 226,000 minutes 176,000 minutes 76,000 minutes How much of the headquarters cost allocation should the Dallas office expect to receive next year? Multiple Choice Multiple Choice $621,000 $345,000 O $504,800 $582,480 Banc Corp. Trust is considering elther a bankwide overhead rate or department overhead rates to allocate $398,000 of indirect costs. The bankwide rate could be based on either direct labor hours (DLH) or the number of loans processed. The departmental rates would be based on direct labor hours for Consumer Loans and a dual rate based on direct labor hours and the number of loans processed for Commercial Loans. The following information was gathered for the upcoming period: Department Consumer Commercial DLH 18,000 6,000 Loans Processed 750 250 Direct Costs $290,000 $170,000 If Banc Corp. Trust uses a bankwide rate based on the number of loans processed, what would be the total costs for the Consumer Department? ces Multiple Choice $265,000 $568,000 $588,500 5290,000
