Question Help Green Thumb USA provides lawn care and landscaping services to commercial clients. Green Thumb USA uses activity-based costing to bid on jobs and to evaluate their profitability. Green Thumb 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 Requirement 1. Allocate Green Thumb USA's costs to the activity-cost pools and determine the activity rate for each pool. Start by allocating Green Thumb USA's costs to the activity-cost pools. (Enter zero in any cell if no amount should be allocated to the activity-cost pool.) Estimating Lawn Landscape jobs design Wages and salaries Depreciation Supplies care Other Total Other overhead Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later 06/07/20 Chapter 7 Assignment O of 2 Green Thumb USA provides inwn care and landscaping services to commercial clients. Green Thumb USA uses activity based costing to bid on jobs and to evaluate their profitability. Groen Thumb USA reports the following budgeted annual costs: (Click the icon to view budgeted annual costs) (Click the loon to view additional information) Read the requirements Now select the formula used to determine the cost driver rates, then calculate the activity rate for each pool (Abbreviation used: Direct later hour. Round the answers to the nearest cont, "Joe") Cost driver rate Estimating jobs . Lawn care Landscape design Requirement 2. Estimate total cost for the Skylar Office Park job. How much would Green Thumb USA bid to perform the job? Calculate the total cole and bid amount Oren Thumb USA would charge Skylar Office Park. (Rourd erwers to the nearest cent, "XXC) Estimating jobs Lawn care Landscape design Total costs Markup multiplier Bid estimate Benimantan Thiarn innerst im that the when the third Choose from any list of enter any number in the input fields and then continue to the next question Save for Later Question Help Green Thumb USA provides luwn care and landscaping services to commercial clients. Green Thumb USAs activity-based conting to bid on jobs and to evaluate their profitability Green Thumb USA reports the following budgeted annualcos (Click the icon to view budgeted annual costs.) (Click the icon to view additional information) Read the requirements Requirement 3. Green Thumb USA does 27 landscape designs for its customers each year. Estimate the total cost for the Skylar Office park job i Green Thumb 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 Green Thumb USA bid to perform the job? Which cost driver do you prefer for the Landscape Design activity? Why? How much would Green Thumb USA bid to perform the job? Estimating jobs Lawn Care Landscape design Total costs Markup multiplier Bid estimate Which cont driver do you prefer for the Landscape Design activity? Why? While the Skylar Ofico park landscape design is only one of 27 performed by Green Thumb USA, it accounts for of as the cost driver results in a bid estimate that is too low. Using the number of Landscape design hours, making complex than the average design. Using the number is a more accurate measure of Green Thumb USA's costs for each job because Choose from any list or enter any number in the input fields and then continue to the next question Save for Later Green Thumb USA provides lawn care and landscaping services to commercial client Green Thumb USA uses activity-based costing to bid on jobs and to evaluate their profitability. Green Thumb USA reports the following budgeted annual costs Click the icon to view budgeted annual costs) IT (Click the icon to view additional information.) Read the requirements mongo Lawn Care Landscape design Total costs Markup multiplier Bid esimehe Which cost driver do you prefer for the Landscape Design activity? Why While the Skylar Office park landscape design is only one of 27 performed by Green Thumb USA, counts for landscape design hours, making complex than the average design. Using the number as the cost driver results in a bid estimate that is too low. Using the number of is a more accurate measure of Green Thumb USA's costs for each job because of Requirement 4. Skylar Office Park asks Green Thumb USA to pe an estimate for providing the services for a 2 year period. What are the stvortages and disadvantages for Green Thumb USA to provide a 2 yow estimate? Because the landscape design und estimating costs are only houred once for the entire h, bidding on a 2 year period However, after submiting animale for 2 years Green Thumb USA would Choose from any list or enter any number in the input fields and then continue to the next question Save for Later annual costs: view budgeted annual costs.) o view additional information.) onts Data Table - X John Foster, controller of Green Thumb USA, has established four activity cost pools and the following budgeted activity for each cost pool: Activity Cost Pool Activity Measure Total Activity for the Year Estimating jobs Number of job estimates 275 estimates Lawn care Number of direct labor hours 5,000 direct labor hours Landscape design Number of design hours 325 design hours Other Facility-sustaining costs that are not allocated to jobs Not applicable Foster estimates that Green Thumb USA's costs are distributed to the activity-cost pools as follows: Estimating Landscape Jobs Lawn Care Design Other Total Wages and salaries 10% 60% 25% 5% 100% Depreciation 20% 45% 16% 20% 100% Supplies 0% 100% 0% 0% 100% Other overhead 20% 45% 25% 10% 100% Skylar Office Park, a new development in a nearby community, has contacted Green Thumb USA to provide 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 275 direct labor-hours annually. Green Thumb USA has a policy of pricing estimates at 150% of cost. to you $ Proen Thur po low. Us Wages and salaries Depreciation Supplies Other overhead Total overhead costs 240,000 70,000 115,000 320,000 754.000 Skylar $ for provid scape Thu the entire Print Done list or enter any number in the input fields and then continue to th Print Done