Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help asap, $1020, $967.4, $52.6, $138.2 13 Schofield Enterprises makes a variety of products that sets to other businesses. The company's activity based costing

please help asap,
$1020, $967.4, $52.6, $138.2 image text in transcribed
13 Schofield Enterprises makes a variety of products that sets to other businesses. The company's activity based costing system has four activity cost pools for assigning costs to products ond customers. Detais concerning that ABC system are listed below Activity Cost Pool Activity Measure Activity Rate Direct labor-hours Supporting assembly (DLH) $ 6.55 per DLA Processing batches Number of batches $138.20 per batch Processing orders Number of orders $ 52.60 per order Serving customers Number of customers $1,191.00 per customer The cost of serving customers, $119100 per customer is the cost of serving a customer for one you Latif Corporation buys only one of the company's products which Schofield Enterprises ses for $15.60per unit. Last year La Corporation ordered a tots of 110 units of this product in orders. To til the orders. Watches were required. The direct materials cost is 5785per unit and the direct labor costa $190per unit Each unit requires O.SOOLAS According to the ABC system, the total cost of the activity Processing botches for this customer this past year was closest to

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

Advanced Financial Accounting Lawrence S C Good Condition ISBN 08512

Authors: S.C. Lawrence

1st Edition

9780851215099

More Books

Students also viewed these Accounting questions