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I cannot seem to figure out part B ...msu.edures.ms wo Problems family.20super20alone problem Remember that with activity-based costing (Part B), there is more than one
I cannot seem to figure out part B
...msu.edures.ms wo Problems family.20super20alone problem Remember that with activity-based costing (Part B), there is more than one driver and more than one rate, and the allocation to a product line is the sum of several individual allocations Each part of the problem is worth five points, and you get five tries per part Family Supermarkets has decided to increase the size of its Lansing store. It wants information about the profitability of its individual product lines: meats, fresh produce, and packaged Food. The following data is for 2019 for each product line: Fresh Produce $810,000 Revenue Cost of goods sold purchase orders hours of stocking shelves Items sold Meats 5805,000 $605,000 253 223 305,000 Packaged Foods $490,000 $370,000 $570,000 335 2,033 120 449,000 1,085 122,000 The Company also provides the following information for 2019 for its three support activities Cost Driver Support Activity Ordering Shell stocking Customer support Budgeted Cost $127,000 $65,000 $151,000 purchase orders hours of stocking shelves items sold REQUIRED (ROUND ALL OVERHEAD RATES TO TWO DECIMAL PLACES AND ALL ALLOCATIONS TO THE NEAREST DOLLAR Part A (5 tries; 5 points) Family Supermarkets currently uses a single driver system to allocate period costs to its product lines. The single driver that is used is the the number of items sold of each product line. Using this system, compute the allocation to Fresh Produce 175,110 You are correct Your receipt no 158-8780 Previous Tres Part B (5 tries, 5 points) Family Supermarkets instead used an activity-based costing system to allocate period costs, with the cost pools and cost drivers listed in the tables above, how much would be allocated to Packaged Foods? SA Tries 0/5 Step by Step Solution
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