Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Resource consumption is distributed across the activities as follows: Job Suport OR Distribution of Resource Consumption across Activities Cleaning Travel Carpets to Jobs Wages Cleaning

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Resource consumption is distributed across the activities as follows: Job Suport OR Distribution of Resource Consumption across Activities Cleaning Travel Carpets to Jobs Wages Cleaning supplies 100X Cleaning equipment depreciation 65% ON Vehicle expenses 12 office expenses Ox OX President's compensation OX ON 73 OK Total 100% 1005 100 Ox 03 183 ON 2008 100% Job support consists of receiving calls from potential customers at the home office scheduling jobs,billing, resolving issues and so on. Required: 1. Prepare the first stage allocation of costs to the activity cost pools. 2. Compute the activity rates for the activity cost pools. 3. The company recently completed a 400 square foot carpet cleaning job at the Flying N Ranch -a 51-mile round-trip journey from the company's offices in Bozeman Compute the cost of this job using the activity based costing system. 4. The revenue from the Flying N Ranch was $90.40 (400 square feet a $22.60 pet hundred square feet). Calculate the customer margin earned on this job. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare the first stage allocation of costs to the activity cost pools. Cleaning Carpets Travel to Jobs Job Support Other Total Wages Cleaning supplies Cleaning equipment depreciation Vehicle expenses Office expenses President's compensation Total cost Required 1 Required 2 > Required 1 Required 2 Required 3 Required 4 Compute the activity rates for the activity cost pools. (Round your answers to 2 decimal places.) Activity Rate Activity Cost Pool Cleaning carpets Travel to jobs Job support per hundred square feet per mile per job Complete this question by entering your answers in the tabs below. D Required 1 Required 2 Required 3 Required 4 The company recently completed a 400 square foot carpet-cleaning lob at the Flying N Ranch -a 51-mile round-trip journey from the company's offices in Bozeman. Compute the cost of this job using the activity based costing system. (Round your intermediate calculations and final answer to 2 decimal places.) Cost of the job Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 The revenue from the Flying N Ranch was $90.40 (4 hundred square feet $22.60 per hundred square feet). Calculate the customer margin earned on this job. (Negative customer margins should be indicated with a minus sign. Round your Intermediate calculations and final answers to 2 decimal places.) Customer margin

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

Explain basic guidelines for effective multicultural communication.

Answered: 1 week ago

Question

Identify communication barriers and describe ways to remove them.

Answered: 1 week ago

Question

Explain the communication process.

Answered: 1 week ago