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Please help with 5-19 and 5-20 Activity Manual Processing of Invoice and cash receipt 1.0 hour Electronic Processing of invoice and electronic funds transfer .1
Please help with 5-19 and 5-20
Activity
Manual Processing of Invoice and cash receipt 1.0 hour
Electronic Processing of invoice and electronic funds transfer .1 hour
Maintain Customer file .5 hour
custome to process payments of customer invoices depends on whether the to mainta pays the bill manually or electronically, as shown above. The time of the Accotach customer file is the same for all customers. The annual cost practical capac Receivable Department is $500,000 and the associated Receivable pacity of accounts receivable labor is 10,000 hours. The Accounts Required (a) What is the capacity cost rate for the Accounts Receivable Department? (b) Zeta's Division 1 has 1,000 small- to medium-sized customers who annually generate a invoices manually. Whates, resulting in 4,000 invoices. These customers pay all their customers? sales, resulting in 400 involge customers who annully generate a total of $10 million in is the annual activity-based (d) Suppose half of Zeta's Dised cost associated with Division 2's customers? next year. How many hoursion 1 customers change their method of payment to electronic 2,000 manual invoices, als of accounts receivable labor will it require for 1,000 customers, for the accounts receivable f,000 electronic invoices? How much will Division 1 be charged electronic invoicing in Dunction? Will Zeta's costs decrease because of the shift to 50% LO 3,5 5-20 Compute actioity-based cost rate, time equations CAN Company sells multiple products and uses a time-driven ABC system. The company's products must be wrapped individually before shipping. The packaging and shipping department employs 24 people. Each person works 20 days per month on average. Fmployees in this department work an eight-hour shift that includes a total of 75 minutes for breaks and a meal. The full compensation, including fringe benefits, for each packaging and shipping employee is $4,050 per month. Required (a) Using the principles discussed in this chapter and time-driven ABC, what is the rate per hour for each packaging and shipping employee at CAN? (b) On average, it takes one packaging and shipping employee 15 minutes to prepare a package and label, independent of the number or types of items in the shipment, plus 6 minutes per item to bubble wrap and pack it in the carton. Using CAN's time-driven ABC system, what is the packaging and shipping cost assigned to Order 705 , which consisted of 40 items? LO 3,4,5 5-21 Forecasting resource capacity using a time-driven ABC system Refer to the time-driven ABC analysis of forecasting resource capacity for the Madison Dairy ice cream plant example on pages 181184 of this chapter. Suppose tha all the information is the same except for the following: custome to process payments of customer invoices depends on whether the to mainta pays the bill manually or electronically, as shown above. The time of the Accotach customer file is the same for all customers. The annual cost practical capac Receivable Department is $500,000 and the associated Receivable pacity of accounts receivable labor is 10,000 hours. The Accounts Required (a) What is the capacity cost rate for the Accounts Receivable Department? (b) Zeta's Division 1 has 1,000 small- to medium-sized customers who annually generate a invoices manually. Whates, resulting in 4,000 invoices. These customers pay all their customers? sales, resulting in 400 involge customers who annully generate a total of $10 million in is the annual activity-based (d) Suppose half of Zeta's Dised cost associated with Division 2's customers? next year. How many hoursion 1 customers change their method of payment to electronic 2,000 manual invoices, als of accounts receivable labor will it require for 1,000 customers, for the accounts receivable f,000 electronic invoices? How much will Division 1 be charged electronic invoicing in Dunction? Will Zeta's costs decrease because of the shift to 50% LO 3,5 5-20 Compute actioity-based cost rate, time equations CAN Company sells multiple products and uses a time-driven ABC system. The company's products must be wrapped individually before shipping. The packaging and shipping department employs 24 people. Each person works 20 days per month on average. Fmployees in this department work an eight-hour shift that includes a total of 75 minutes for breaks and a meal. The full compensation, including fringe benefits, for each packaging and shipping employee is $4,050 per month. Required (a) Using the principles discussed in this chapter and time-driven ABC, what is the rate per hour for each packaging and shipping employee at CAN? (b) On average, it takes one packaging and shipping employee 15 minutes to prepare a package and label, independent of the number or types of items in the shipment, plus 6 minutes per item to bubble wrap and pack it in the carton. Using CAN's time-driven ABC system, what is the packaging and shipping cost assigned to Order 705 , which consisted of 40 items? LO 3,4,5 5-21 Forecasting resource capacity using a time-driven ABC system Refer to the time-driven ABC analysis of forecasting resource capacity for the Madison Dairy ice cream plant example on pages 181184 of this chapter. Suppose tha all the information is the same except for the followingStep by Step Solution
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