Question
Problem 7-20 Cleaning Carpets Travel to Jobs Job Support Other Total Wages Cleaning supplies Cleaning equipment depreciation Vehicle expenses Office expenses Presidents compensation Total cost
Problem 7-20
|
| Cleaning Carpets | Travel to Jobs | Job Support | Other | Total |
| Wages |
|
|
|
|
|
| Cleaning supplies |
|
|
|
|
|
| Cleaning equipment depreciation |
|
|
|
|
|
| Vehicle expenses |
|
|
|
|
|
| Office expenses |
|
|
|
|
|
| Presidents compensation |
|
|
|
|
|
| Total cost |
|
|
|
|
|
The activity rates are computed as follows:
| Activity Cost Pool | (a) Total Cost | (b) Total Activity | (a) (b) Activity Rate | ||
| Cleaning carpets |
|
| hundred square feet |
| per _______ |
| Travel to jobs |
|
| miles |
| per _______ |
| Job support |
|
| jobs |
| per _______ |
3. The cost for the Flying N Ranch job is computed as follows:
| Activity Cost Pool | (a) Activity Rate | (b) Activity | (a) (b) ABC Cost | ||
| Cleaning carpets |
| per _______ |
| hundred square feet |
|
| Travel to jobs |
| per _______ |
| miles |
|
| Job support |
| per _______ |
| job |
|
| Total |
|
|
|
| $________ |
4. The margin earned on the job can be easily computed by using the costs calculated in part (3) above.
| Sales |
|
| |
| Costs: |
|
| |
| _______________ |
|
| |
| _______________ |
|
| |
| _______________ |
|
| |
| Margin |
| $______ |
|
5. ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
6. ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
I know this is technically more than one question, but I cannot post one without the other, or they would not make sense. Thank you very much!
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started