Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

LawnCare USA provides lawn care and landscaping services to commercial clients. LawnCare USA uses actlvity-based costing to bid on lobs and to evaluate their profitability.

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
LawnCare USA provides lawn care and landscaping services to commercial clients. LawnCare USA uses actlvity-based costing to bid on lobs and to evaluate their profitability. LawnCare 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. Wages and salaries Depreciation Supplies Other overhead Total overhead costs $60,00072,000120,000288,000$840,000 John Gilroy, controller of LawnCare USA, has established four activity-cost pools and the following budgeted activity for each cost pool: Sunset Office Park, a new development in a nearby community, has contacted LawnCare USA to provide an estimate on landscape design and annual lawn maintenance. The job is estimated to require a single landscape desian renuirina 40 desion hnurs in total and 250 dicent labnr-hnurs annuallv. L awnCare USA has a nolicy of Sunset Office Park, a new development in a nearby community, has contacted LawnCare 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 250 direct labor-hours annually. LawnCare USA has a policy of pricing estimates at 150% of cost. Requirement 1. Allocate LawnCare USA's costs to the activity-cost pools and determine the activity rate for each pool. Start by allocating LawnCare USA's costs to the activity-cost pools. (Enter zero in any cell if no amount should be allocath pool.) \begin{tabular}{l} \( \qquad \multicolumn{1}{c}{ \) Estimating Jobs care } \\ Wages and salaries \\ Depreciation \\ Supplies \\ Other overhead \\ Total \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

=+ (d) Restrict the range of summation in (5.51) to 0x

Answered: 1 week ago

Question

b. Why were these values considered important?

Answered: 1 week ago