Lakeview Lawn USA provides lawn care and landscaping services to coemmereial clents. Lakeview Lawn USA uses activby-based cosing to bid on jobs and to evaluste their proftabity. Lakeview Lawn USA reports the following budgeled arnual costs (Click the icon to view budgoled annual costs.) (Click the icon to view additional information.) Fead the requirements Requirement 1. Alocale Lakeview Lawn USA's costs to the activity-cost pools and determine the activity rate for eoch pool Start by aliocating Lakevew Lamn USA's costs to the activy-cost pools. (Enter zero in any ceil it no amount should be allocated to the activity cont pool) Data table Data table John Graham, controller of Lakeview Lawn USA, has established four activity cost pools and the following budgeted activity for each cost pool: Graham estimates that Lakeview Lawn USA's costs are distributed to the activity-cost pools as follows: Weston Office Park, a new development in a nearby community, has contacted Lakeview Lawn 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 350 direct labor-hours annually. Lakeview Lawn USA has a policy of pricing estimates at 150% of cost. Requirements 1. Allocate Lakeview Lawn USA's costs to the activity-cost pools and determine the activity rate for each pool. 2. Estimate total cost for the Weston Office Park job. How much would Lakeview Lawn USA bid to perform the job? 3. Lakeview Lawn USA does 33 landscape designs for its customers each year. Estimate the total cost for the Weston Office park job if Lakeview Lawn 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 Lakeview Lawn USA bid to perform the job? Which cost driver do you prefer for the Landscape Design activity? Why? 4. Weston Office Park asks Lakeview Lawn USA to give an estimate for providing its services for a 2 -year period. What are the advantages and disadvantages for Lakeview Lawn USA to provide a 2-year estimate? Requirement 1. Allocate Lakeview Lawn USA's costs to the activity-cost pools and determine the activity rate for each pool. Start by allocating Lakeview Lawn USA's costs to the activity-cost pools. (Enter zero in any cell if no amount should be allocated to the activity-cost pool.) Lakeview Lawn USA provides lawn care and landscaping services to coemmereial clents. Lakeview Lawn USA uses activby-based cosing to bid on jobs and to evaluste their proftabity. Lakeview Lawn USA reports the following budgeled arnual costs (Click the icon to view budgoled annual costs.) (Click the icon to view additional information.) Fead the requirements Requirement 1. Alocale Lakeview Lawn USA's costs to the activity-cost pools and determine the activity rate for eoch pool Start by aliocating Lakevew Lamn USA's costs to the activy-cost pools. (Enter zero in any ceil it no amount should be allocated to the activity cont pool) Data table Data table John Graham, controller of Lakeview Lawn USA, has established four activity cost pools and the following budgeted activity for each cost pool: Graham estimates that Lakeview Lawn USA's costs are distributed to the activity-cost pools as follows: Weston Office Park, a new development in a nearby community, has contacted Lakeview Lawn 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 350 direct labor-hours annually. Lakeview Lawn USA has a policy of pricing estimates at 150% of cost. Requirements 1. Allocate Lakeview Lawn USA's costs to the activity-cost pools and determine the activity rate for each pool. 2. Estimate total cost for the Weston Office Park job. How much would Lakeview Lawn USA bid to perform the job? 3. Lakeview Lawn USA does 33 landscape designs for its customers each year. Estimate the total cost for the Weston Office park job if Lakeview Lawn 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 Lakeview Lawn USA bid to perform the job? Which cost driver do you prefer for the Landscape Design activity? Why? 4. Weston Office Park asks Lakeview Lawn USA to give an estimate for providing its services for a 2 -year period. What are the advantages and disadvantages for Lakeview Lawn USA to provide a 2-year estimate? Requirement 1. Allocate Lakeview Lawn USA's costs to the activity-cost pools and determine the activity rate for each pool. Start by allocating Lakeview Lawn USA's costs to the activity-cost pools. (Enter zero in any cell if no amount should be allocated to the activity-cost pool.)
