Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Stage 2 ABC for a Wholesale Company Information is presented for the activity costs of Oxford Wholesale Company: Activity Cost per Unit of Activity Driver

Stage 2 ABC for a Wholesale Company Information is presented for the activity costs of Oxford Wholesale Company:

Activity Cost per Unit of Activity Driver
Customer relations per month $90.00

per customer

Selling 0.05

per sales dollar

Accounting 5.00

per order

Warehousing 0.50 per unit shipped
Packing 0.25 per unit shipped
Shipping 0.20 per unit shipped

The following information pertains to Oxford Wholesale Company's activities in Massachusetts for the month of March 2016

Number of orders 235
Sales revenue $124,200
Cost of goods sold $69,540
Number of customers 25
Units shipped 4,700
Pounds shipped 70,500

Determine the profitability of sales in Massachusetts for March 2016.

Oxford Wholesale Company Massachusetts Profitability of Sales March 2016
Sales revenue $Answer
Less:
Cost of goods sold $Answer
Customer relations Answer
Selling expenses Answer
Accounting Answer
Warehousing Answer
Packing Answer
Shipping Answer Answer
Profitability of sales $Answer

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