Question
Vaughn Accounting performs two types of services, Audit and Tax. Vaughns overhead costs consist of computer support, $ 244000; and legal support, $ 121000. Information
Vaughn Accounting performs two types of services, Audit and Tax. Vaughns overhead costs consist of computer support, $ 244000; and legal support, $ 121000. Information on the two services is:
| Audit | Tax | |
|---|---|---|
| Direct labour cost | $ 47000 | $ 99000 |
| CPU minutes | 41000 | 9000 |
| Legal hours used | 300 | 700 |
Overhead applied to audit services using ABC is?
$ 117500.
$ 128620.
$ 236380.
$ 247500.
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Auditing and Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
6th edition
978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343
