Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

[The following information applies to the questions displayed below] OFC Company of Kansas City prints business forms and other specialty paper products, such as writing

image text in transcribedimage text in transcribedimage text in transcribed
[The following information applies to the questions displayed below] OFC Company of Kansas City prints business forms and other specialty paper products, such as writing paper, envelopes, note cards, and greeting cards. Its Business Services division offers inventory management services and desktop delivery on request. The division uses an activity-based costing (ABC) system. The budgeted usage of each activity cost driver and cost-driver rates for January 2019 for the Business Services division are: Budgeted Activity Cost Driver Activity Cost-Driver Rate Storage Cartons in inventory 510 , 000 $ 0 .5120 /carton/month Requisition handling Requisitions 52 , 00 0 17 . 5 0 Pick packing Lines 855 , 000 1 . 54 Data entry Lines 855,000 0.82 Requisitions 41,000 1.30 Desktop delivery Per delivery 17 , 50 0 4 1 . 0 0 [ For the month, the division expects to make 11,000 deliveries to deliver 1,100,000 cartons to customers. \\ OFC Company has decided to implement a kaizen (continuous-improvement) program to enhance operational efficiency. After a careful study, management and employees agree that the firm will be able to reduce cost rates for batch-level activities by 2% and unit-level activities (other than Storage) by 1% per month during the rst year ofthe program starting February 2019. The firm has decided to delay the implementation of the program for customer-sustaining and facility-level activities until 2020. The firm expects the amount of cost-driver usage in each of the next two months to be the same as those in January. Required: 1. Identify unitlevel and batch-level activities. 2. What are the total budgeted costs for each activity and for the division as a whole in February and March? Required 1 Required 2 Identify unit-level and batch-level activities. Storage Pick packing Data entryLines Requisition handling Data entryRequisitions Desktop delivery Required 1 Required 2 What are the total budgeted costs for each activity and for the division as a whole in February and March? (Do not round intermediate calculations.) Requisition handling Pick packing Data entryLines Data entryRequisitions Desktop delivery Divisional totals

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

Intermediate accounting

Authors: J. David Spiceland, James Sepe, Mark Nelson

7th edition

978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094

More Books

Students also viewed these Accounting questions