Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

lowa Industries has two divisions, North and South. You are given the following information about the costs of 4 activities that occur at corporate headquarters:

image text in transcribed

lowa Industries has two divisions, North and South. You are given the following information about the costs of 4 activities that occur at corporate headquarters: Activity Managing accounts payable Managing human resources Managing accounts receivable Managing computer network 250,000 $100,000 200,000 150,000 4,000 hours 700 employees 3,000 hours 500 computers Total costs $700,000 The above activities are used by the two divisions as follows: Accounts payable hours Number of employees Accounts receivable hours Number of computers 1,500 hours 300 employees 2,000 hours 200 computers 2,500 hours 400 employees 1,000 hours 300 computers Reference: Ref 7-7 activity costs will be allocated to South Division? How much of the total O A. $341,463 O B. $376,786 O C. $358,537 O D. $323,214

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_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

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

Get Started

Recommended Textbook for

Audit Risk Assessment Made Easy Seeing What Others Miss

Authors: Charles Hall

1st Edition

0578961679, 978-0578961675

More Books

Students also viewed these Accounting questions

Question

LO 15-3 Summarize laws and regulations that affect labor relations.

Answered: 1 week ago