Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Riverside Florists uses an activity-based costing system to compute the cost of making floral bouquets and delivering the bouquets to its commercial customers. Company personnel

Riverside Florists uses an activity-based costing system to compute the cost of making floral bouquets and delivering the bouquets to its commercial customers. Company personnel who earn $300,000 typically perform both tasks; other firm-wide overhead is expected to total $50,000. These costs are allocated as follows:

Bouquet Production Delivery Other
Wages and salaries 70% 20% 10%
Other overhead 60% 20% 20%

Riverside anticipates making 30,000 bouquets and 3,000 deliveries in the upcoming year. rev: 10_29_2012

34.

Required information

The cost of wages and salaries and other overhead that would be charged to each bouquet made is closest to:

$8.00.

$11.67.

$9.60.

$12.92.

some other amount.

35.

Required information

The cost of wages and salaries and other overhead that would be charged to each delivery is closest to:

$30.45.

$23.33.

$44.33.

$24.01.

some other amount.

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

Recommended Textbook for

More Books

Students also viewed these Accounting questions