Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please enter formulas into cell ACCT 204 Excel Assignment Data Manufacturing overhead $500,000 Selling and administrative overhead $300,000 Assembling Units Processing Orders Supporting Customers Other

Please enter formulas into cell

ACCT 204 Excel Assignment
Data
Manufacturing overhead $500,000
Selling and administrative overhead $300,000

Assembling Units

Processing Orders

Supporting Customers

Other
Manufacturing overhead 50% 35% 5% 10%
Selling and administrative overhead 10% 45% 25% 20%
Total activity 1,000 250 100
units orders customers
OfficeMart orders:
Customers 1 customer
Orders 4 orders
Number of filing cabinets ordered in total 80 units
Selling price $595
Direct materials $180
Direct labor $50
Enter a formula into each of the cells marked with a ? below
Review Problem: Activity-Based Costing
a) Perform the first stage allocations

Assembling Units

Processing Orders

Supporting Customers

Other Total
Manufacturing overhead ? ? ? ? ?
Selling and administrative overhead ? ? ? ? ?
Total cost ? ? ? ? ?
b) Compute the activity rates
Activity Cost Pools Total Cost Total Activity Activity Rate
Assembling units ? ? units ? per unit
Processing orders ? ? orders ? per order
Supporting customers ? ? customers ? per customer
c) Compute the overhead cost attributable to the OfficeMart orders
Activity Cost Pools Activity Rate Activity ABC Cost
Assembling units ? per unit ? units ?
Processing orders ? per order ? orders ?
Supporting customers ? per customer ? customer ?
d) Determine the customer margin for the OfficeMart orders under Activity-Based Costing
Sales ?
Costs:
Direct materials ?
Direct labor ?
Unit-related overhead ?
Order-related overhead ?
Customer-related overhead ? ?
Customer margin ?

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

Recommended Textbook for

Managerial Accounting

Authors: Peter Clarke

2nd Edition

9781907214240

More Books

Students also viewed these Accounting questions