Maway New Tab Brightspace 4 XCO HOMEUMIA VIEW * Cut Font Name - Font Size - TabStop Wrap Teat B002 US Overline Insert Column Delete Column 3. Insert Row Delete Row Date Copy Merge Cell Conditional Formatting - Remove Conditional Formats CLICK HERE TO SAVE YOUR WORK 6 A51 Activity A B D E F 2 SECTION 3 - QUESTION 2 - 24 marks 3 4 Hasty Hardwood Floors installs oak and other hardwood floors in homes and businesses. The company uses an activity based costing 5 system for its overhead costs. The company has provided the following data concerning its annual overhead costs and its activity-based costing system 7 3 Overhead Costs 9 Production Overhead $ 190,000.00 10 office expense $ 140,000.00 11 Total $ 330,000.00 12 13 Distribution of Resource Consumption: 14 Activity Cost Pools 15 Installing Floors 16 Production overhead Job Support Other Total 0.4 0.4 17 Ottice expenses 0.2 1 0.1 0.6 18 0.3 1 19 The other activity cost pool consists of the costs of idle capacity and organization-sustaining costs. The 20 amount of activity for the year is as follows: 21 22 Activity Cost Pool Annual Activity 23 Installing floors 200 squares 24 Job support 160 jobs 25 Other Not applicable 26 27 A'square" is a measure of area that is roughly equivalent to 1,000 square metres, 28 25 Required: 30 Instructions SECTION 1 SECTION 2 SECTION 3 SECTION 4 SECTIONS READY New lenovo ESC 2 $ 4 FO 3 % 5 6 & 7 Tab Q 8 E 9 RT 0 Capshock S F G New Tab Brightspace X + XCO HOME DATA VIEW Font Name - & Cut Font Size Insert Column ">Delete Column TabStop Wrap Text S Overline B i 3- Insert Row Merge Cell Delete Row Paste Copy CLICK HERE TO SAVE YOUR WORK A51 Activity B D D E 29 Required 30 31 a) Prepare the first stage allocation of overhead costs to the activity cost pools by filling in the table below:( 9 marks) 32 Installing Floors $ 76,000.00 Job Support 5 76,000.00 Other Total $ 38,000.00 $ 190,000.00 33 34oduction overhead 35 36 57 &&&&&&******** 39 b) Compute the activity rates (.e. cost per unit of activity) for the Installing Floors and Job Support 40 activity cost pools by filling in the table below: (5 marks) Installing Floors Job Support 47 Compute the overhead cost, according to the activity based costing system of a job that involves installing 3.4 squares. (10 marks) 45 Installing Floors Job Support Total 51 52 55 56 52 Instructions SECTION 1 SECTION 2 SECTION 3 SECTION 4 READY SECTIONS New leno ESC 0.+ @ # 2 3 $ 4 % 5 6 & 7