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Q1. (G) Ferris Corporation makes a single product-a fire-resistant commercial filing cabinet-that it sells to office furniture distributors. The company has a simple ABC system

image text in transcribed Q1. (G) Ferris Corporation makes a single product-a fire-resistant commercial filing cabinet-that it sells to office furniture distributors. The company has a simple ABC system that it uses for internal decision making. The company has two overhead departments whose costs are listed on the following page The company' s ABC system has the following activity cost pools and activity measures: Required) 1. Compute activity rates for the activity cost pools. 2. OfficeMart is one of Ferris Corporation's customers. Last year, OfficeMart ordered filing cabinets four different times. OfficeMart ordered a total of 80 filing cabinets during the year. Construct a table showing the overhead costs attributable to OfficeMart. 3. The selling price of a filing cabinet is $595. The cost of direct materials is $180 per filing cabinet, and direct labor is $50 per filing cabinet. What is the customer margin of OfficeMart? Q1. (G) Ferris Corporation makes a single product-a fire-resistant commercial filing cabinet-that it sells to office furniture distributors. The company has a simple ABC system that it uses for internal decision making. The company has two overhead departments whose costs are listed on the following page The company' s ABC system has the following activity cost pools and activity measures: Required) 1. Compute activity rates for the activity cost pools. 2. OfficeMart is one of Ferris Corporation's customers. Last year, OfficeMart ordered filing cabinets four different times. OfficeMart ordered a total of 80 filing cabinets during the year. Construct a table showing the overhead costs attributable to OfficeMart. 3. The selling price of a filing cabinet is $595. The cost of direct materials is $180 per filing cabinet, and direct labor is $50 per filing cabinet. What is the customer margin of OfficeMart

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