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please answer asap Use the following information to answer the next two questions: Gregory Enterprises has identified three cost pools to allocate overhead costs. The
please answer asap
Use the following information to answer the next two questions: Gregory Enterprises has identified three cost pools to allocate overhead costs. The following estimates are provided for the coming year: Cost Pool Overhead Costs Cst Driver Activity Quantity Supervisors $320,000 DL hours 800,000 hours Maintenance $120,000 Machine hours 960,000 hours 100,000 square Facility rent $200,000 Square meters meters Total MOH costs $640,000 The accounting records show the Mossman Job consumed the following resources: Cost driver Actual level DL hours 200 hours Machine hours 1,600 hours Square meters 50 square meters If Gregory Enterprises uses a traditional cost system based on direct labour hours, then what amount of indirect costs will be allocated to the Mossman job? Do not include any dollar signs, commas, decimal places and/or spaces in your answer. Your answer should only include digits. For example, if the correct answer is 1021, you should enter 1021 as your answer. If you enter $1021 or 1,021 or 1 021 or $1021.00, your answer will be marked wrong. If Gregory Enterprises uses an ABC system, then what amount of indirect costs will be allocated to the Mossman job? Do not include any dollar signs, commas, decimal places and/or spaces in your answer. Your answer should only include digits. For example, if the correct answer is 1021, you should enter 1021 as your answer. If you enter $1021 or 1,021 or 1 021 or $1021.00, your answer will be marked wrongStep by Step Solution
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