Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Ready Ride is a trucking company. It provides local, short-haul, and long-haul services. It has developed the following three cost pools. Activity Cost Pools Cost
Ready Ride is a trucking company. It provides local, short-haul, and long-haul services. It has developed the following three cost pools.
Activity Cost Pools | Cost Drivers | Estimated Overhead | Estimated Use of Cost Driver per Activity | |||||
---|---|---|---|---|---|---|---|---|
Loading and unloading | Number of pieces | $ | 106,000 | 106,000 | ||||
Travel | Kilometres driven | 531,000 | 708,000 | |||||
Logistics | Hours | 89,600 | 3,500 |
Calculate the activity-based overhead rates for each pool. (Round answers to 2 decimal places, e.g. 15.25.)
Cost Pools | Rate | ||
---|---|---|---|
Loading/Unloading | $enter a dollar amount | per piece | |
Travel | $enter a dollar amount | per km driven | |
Logistics | $enter a dollar amount | per hour |
Determine the overhead allocated to Job XZ3275, which has 160 pieces and requires 187 km of driving and 0.75 hours of logistics. (Round answer to 2 decimal places, e.g. 15.25.)
Overhead assigned | $enter the Overhead assigned in dollars |
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