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Please help me check the answer, thanks! Onassis Catering is a Greek company that provides passenger and crew meals to airlines operating out of two
Please help me check the answer, thanks!
Onassis Catering is a Greek company that provides passenger and crew meals to airlines operating out of two international airports in Athens and Corfu. The operations at the two airports are managed separately, and top management believes that there may be benefits to greater sharing of information between the two operations. To better compare the two operations, an ABC system has been designed with the active participation of the managers at both airports. The ABC system is based on the following activity cost pools and activity measures: The operation at Athens International Airport (AIA) serves 1 million meals annually on 5,000 flights for 10 different airlines. (Each airline is considered one customer.) The annual cost of running the AlA airport operation, excluding only the costs of raw materials for meals, totals 3,743,300. (Note: The currency in Greece is the euro, denoted by .) To help determine the activity rates, employees were interviewed and asked how they divided their time among the four major activities. The results of employee interviews at AlA are displayed below: 2. Compute the activity rates for the activity cost pools. (Round your activity rates for meal preparation to 4 decimal places and flight-related to 2 decimal places. Do not leave any empty spaces; input a 0 wherever it is required.)Step by Step Solution
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