Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

TheCanarieCompany's copy department, which does almost all of the photocopying for the sales department and the administrative department, budgets the following costs for the year,

TheCanarieCompany's copy department, which does almost all of the photocopying for the sales department and the administrative department, budgets the following costs for the year, based on the expected activity of5,100,000copies:

Salaries (fixed)$102,000

Employee benefits (fixed)12,750

Depreciation of copy machines (fixed)10,200

Utilities (fixed)5,100

Paper (variable, one cent per copy)51,000

Toner (variable, one cent per copy)51,000

The costs are assigned to two cost pools, one for fixed and one for variable costs. The costs are then assigned to the sales department and the administrative department. Fixed costs are assigned on a lump-sum basis, 40 percent to sales and 60 percent to administration. The variable costs are assigned at a rate of2cents per copy.

Assuming4,830,000copies were made during the year,2,550,000for sales and2,280,000for administration, calculate the copy department costs allocated to sales and administration.

I need the answers to the two following questions

Costs allocated to sales$

Costs allocated to administration$

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

The Consolations Of Economics How We Will All Benefit From The New World Order

Authors: Gerard Lyons

1st Edition

0571307795, 9780571307791

More Books

Students also viewed these Accounting questions

Question

=+v3. Determine if they are targeting the same audience.

Answered: 1 week ago

Question

=+1. Compare the copy on both sites. Are they alike or distinctive?

Answered: 1 week ago

Question

=+What kind of clients would work well in this medium?

Answered: 1 week ago