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Please help me solve for all the requirements, based on the given information and blank answer slots: Requirement 2. Estimate total cost for the Hosta
Please help me solve for all the requirements, based on the given information and blank answer slots:
Requirement 2. Estimate total cost for the Hosta Office Park job. How much would Greener Lawn USA bid to perform the job? Calculate the total costs and bid amount Greener Lawn USA would charge Hosta Office Park. (Round the answers to the nearest cent, "X.XX".) Requirement 3. Greener Lawn USA does 35 landscape designs for its customers each year. Estimate the total cost for the Hosta Office park job if Greener Lawn USA allocated costs of the Landscape Design activity based on the number of landscape designs rather than the number of landscape design-hours. How much would Greener Lawn USA bid to perform the job? Which cost driver do you prefer for the Landscape Design activity? Why? How much would Greener Lawn USA bid to perform the job? Which cost driver do you prefer for the Landscape Design activity? Why? While the Hosta Office park landscape design is only one of 35 performed by Greener Lawn USA, it accounts for landscape design-hours, making it complex than the average design. Using the number of as the cost driver results in a bid estimate that is too low. Using the number of is a more accurate measure of Greener Lawn USA's costs for each job because it Requirement 4. Hosta Office Park asks Greener Lawn USA to give an estimate for providing its services for a 2-year period. What are the advantages and disadvantages for Greener Lawn USA to provide a 2-year estimate? Because the landscape design and estimating costs are only incurred once for the entire job, bidding on a 2 year perio However, after submitting an estimate for 2 years, 1. Allocate Greener Lawn USA's costs to the activity-cost pools and determine the activity rate for each pool. 2. Estimate total cost for the Hosta Office Park job. How much would Greener Lawn USA bid to perform the job? 3. Greener Lawn USA does 35 landscape designs for its customers each year. Estimate the total cost for the Hosta Office park job if Greener Lawn USA allocated costs of the Landscape Design activity based on the number of landscape designs rather than the number of landscape design-hours. How much would Greener Lawn USA bid to perform the job? Which cost driver do you prefer for the Landscape Design activity? Why? 4. Hosta Office Park asks Greener Lawn USA to give an estimate for providing its services for a 2-year period. What are the advantages and disadvantages for Greener Lawn USA to provide a 2-year estimate? Greener Lawn USA provides lawn care and landscaping services to commercial clients. Greener Lawn USA Now select the formula used to determine the cost driver rates, then calculate the activity rate for each pool. (Abbreviation used: DLH = Direct labor-hour. Round the answers to the nearest cent, "X.XX".) Requirement 1. Allocate Greener Lawn USA's costs to the activity-cost pools and determine the activity rate for each pool. Start by allocating Greener Lawn USA's costs to the activity-cost pools. (Enter zero in any cell if no amount should be allocated to the activity-cost pool.) Greener Lawn USA provides lawn care and landscaping services to commercial clients. Greener Lawn USA uses activity-based costing to bid on jobs and to evaluate their profitability. Greener Lawn USA reports the following budgeted annual costs: (Click the icon to view budgeted annual costs.) (Click the icon to view additional information.) Read the requirements. \begin{tabular}{|c|c|c|} \hline Wages and salaries & $ & 400,000 \\ \hline Depreciation & & 50,000 \\ \hline Supplies & & 120,000 \\ \hline Other overhead & & 203,000 \\ \hline Total overhead costs & $ & 773,000 \\ \hline \end{tabular} John Gilroy, controller of Greener Lawn USA, has established four activity cost pools and the following oudgeted activity for each cost pool: Hosta Office Park, a new development in a nearby community, has contacted Greener Lawn USA to provide an estimate on landscape design and annual lawn maintenance. The job is estimated to require a single landscape design requiring 40 design hours in total and 125 direct labor-hours annually. Greener Lawn USA has a policy of pricing estimates at 150% of cost
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