Questions
CR Black has supplied the following data for use in its activity based costing system: Overhead...

CR Black has supplied the following data for use in its activity based costing system:

Overhead Costs:

Wages and Salaries $ 700,000 Other Overhead Costs $ 400,000 Total Overhead Costs $1,100,000

Activity Cost Pool:

Direct Labor Support

Order Processing

Customer Support

Other

Activity Measure:

Number of direct labor-hours

Number of orders

Number of Customers

This is an organizationSustaining activity

Total Activity:

10,000 DLHs

500 Orders

100 customers

Not applicable

Selling Price $700 per unit Units Ordered 100 units Direct materials $350 per unit Direct labor-hours (DLH) 0.5 DLH per unit Direct labor rate $25 per DLH

Distribution of Resource Consumption across Activities

Direct Labor Support

Order processing Costomer Support Other Total
Wages and Salaries 30% 35% 25% 10% 100%
Other Overhead Costs 25% 15% 20% 40% 100%

During the year, CR Black completed an order for a special optical switch for a new customer, Gucwa Telecom. The customer did not order any other products during the year. Data concerning that order follow:

Data concerning the Calandra Telecom Order

Selling Price $700 per unit
Units Ordered 100 units
Direct Materials $350 per unit
Direct Labor-hours (DLH) 0.5 DLH
Direct labor rate $25 per DLH

5) Prepare a report showing the overhead costs for the order from Calandra, including customer support costs, and prepare a report showing the customer margin for Calandra Telecom.

Please show all work!!

In: Accounting

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has...

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has been a long-simmering dispute between the company’s estimator and the work supervisors. The on-site supervisors claim that the estimators do not adequately distinguish between routine work, such as removal of asbestos insulation around heating pipes in older homes, and nonroutine work, such as removing asbestos-contaminated ceiling plaster in industrial buildings. The on-site supervisors believe that nonroutine work is far more expensive than routine work and should bear higher customer charges. The estimator sums up his position in this way: “My job is to measure the area to be cleared of asbestos. As directed by top management, I simply multiply the square footage by $2.80 to determine the bid price. Since our average cost is only $2.305 per square foot, that leaves enough cushion to take care of the additional costs of nonroutine work that shows up. Besides, it is difficult to know what is routine or not routine until you actually start tearing things apart.”

To shed light on this controversy, the company initiated an activity-based costing study of all of its costs. Data from the activity-based costing system follow:

Activity Cost Pool Activity Measure Total Activity
Removing asbestos Thousands of square feet 800 thousand square feet
Estimating and job setup Number of jobs 400 jobs
Working on nonroutine jobs Number of nonroutine jobs 100 nonroutine jobs
Other (organization-sustaining costs and idle capacity costs) None
Note: The 100 nonroutine jobs are included in the total of 400 jobs. Both nonroutine jobs and routine jobs require estimating and setup.
Costs for the Year
Wages and salaries $ 332,000
Disposal fees 740,000
Equipment depreciation 90,000
On-site supplies 54,000
Office expenses 240,000
Licensing and insurance 440,000
Total cost $ 1,896,000
Distribution of Resource Consumption Across Activities
Removing Asbestos Estimating and Job Setup Working on Nonroutine Jobs Other Total
Wages and salaries 50 % 10 % 30 % 10 % 100 %
Disposal fees 70 % 0 % 30 % 0 % 100 %
Equipment depreciation 40 % 5 % 20 % 35 % 100 %
On-site supplies 60 % 25 % 15 % 0 % 100 %
Office expenses 10 % 40 % 15 % 35 % 100 %
Licensing and insurance 25 % 0 % 60 % 15 % 100 %

Required:

1. Perform the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system.

a. A routine 1,000-square-foot asbestos removal job.

b. A routine 2,000-square-foot asbestos removal job.

c. A nonroutine 2,000-square-foot asbestos removal job.

In: Accounting

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has...

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has been a long-simmering dispute between the company’s estimator and the work supervisors. The on-site supervisors claim that the estimators do not adequately distinguish between routine work, such as removal of asbestos insulation around heating pipes in older homes, and nonroutine work, such as removing asbestos-contaminated ceiling plaster in industrial buildings. The on-site supervisors believe that nonroutine work is far more expensive than routine work and should bear higher customer charges. The estimator sums up his position in this way: “My job is to measure the area to be cleared of asbestos. As directed by top management, I simply multiply the square footage by $2.60 to determine the bid price. Since our average cost is only $2.35 per square foot, that leaves enough cushion to take care of the additional costs of nonroutine work that shows up. Besides, it is difficult to know what is routine or not routine until you actually start tearing things apart.”

To shed light on this controversy, the company initiated an activity-based costing study of all of its costs. Data from the activity-based costing system follow:

Activity Cost Pool Activity Measure Total Activity
Removing asbestos Thousands of square feet 1,000 thousand square feet
Estimating and job setup Number of jobs 500 jobs
Working on nonroutine jobs Number of nonroutine jobs 100 nonroutine jobs
Other (organization-sustaining costs and idle capacity costs) None
Note: The 100 nonroutine jobs are included in the total of 500 jobs. Both nonroutine jobs and routine jobs require estimating and setup.
Costs for the Year
Wages and salaries $ 402,000
Disposal fees 737,000
Equipment depreciation 104,000
On-site supplies 64,000
Office expenses 330,000
Licensing and insurance 460,000
Total cost $ 2,097,000
Distribution of Resource Consumption Across Activities
Removing Asbestos Estimating and Job Setup Working on Nonroutine Jobs Other Total
Wages and salaries 50 % 15 % 20 % 15 % 100 %
Disposal fees 60 % 0 % 40 % 0 % 100 %
Equipment depreciation 50 % 10 % 15 % 25 % 100 %
On-site supplies 70 % 20 % 10 % 0 % 100 %
Office expenses 10 % 35 % 25 % 30 % 100 %
Licensing and insurance 30 % 0 % 50 % 20 % 100 %

Required:

1. Perform the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system.

a. A routine 1,000-square-foot asbestos removal job.

b. A routine 2,000-square-foot asbestos removal job.

c. A nonroutine 2,000-square-foot asbestos removal job.

In: Accounting

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has...

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has been a long-simmering dispute between the company’s estimator and the work supervisors. The on-site supervisors claim that the estimators do not adequately distinguish between routine work, such as removal of asbestos insulation around heating pipes in older homes, and nonroutine work, such as removing asbestos-contaminated ceiling plaster in industrial buildings. The on-site supervisors believe that nonroutine work is far more expensive than routine work and should bear higher customer charges. The estimator sums up his position in this way: “My job is to measure the area to be cleared of asbestos. As directed by top management, I simply multiply the square footage by $2.70 to determine the bid price. Since our average cost is only $2.405 per square foot, that leaves enough cushion to take care of the additional costs of nonroutine work that shows up. Besides, it is difficult to know what is routine or not routine until you actually start tearing things apart.”

To shed light on this controversy, the company initiated an activity-based costing study of all of its costs. Data from the activity-based costing system follow:

Activity Cost Pool Activity Measure Total Activity
Removing asbestos Thousands of square feet 800 thousand square feet
Estimating and job setup Number of jobs 500 jobs
Working on nonroutine jobs Number of nonroutine jobs 100 nonroutine jobs
Other (organization-sustaining costs and idle capacity costs) None
Note: The 100 nonroutine jobs are included in the total of 500 jobs. Both nonroutine jobs and routine jobs require estimating and setup.
Costs for the Year
Wages and salaries $ 323,000
Disposal fees 759,000
Equipment depreciation 90,000
On-site supplies 56,000
Office expenses 250,000
Licensing and insurance 450,000
Total cost $ 1,928,000
Distribution of Resource Consumption Across Activities
Removing Asbestos Estimating and Job Setup Working on Nonroutine Jobs Other Total
Wages and salaries 60 % 10 % 20 % 10 % 100 %
Disposal fees 60 % 0 % 40 % 0 % 100 %
Equipment depreciation 40 % 5 % 20 % 35 % 100 %
On-site supplies 70 % 20 % 10 % 0 % 100 %
Office expenses 15 % 35 % 20 % 30 % 100 %
Licensing and insurance 25 % 0 % 60 % 15 % 100 %

Required:

1. Perform the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system.

a. A routine 1,000-square-foot asbestos removal job.

b. A routine 2,000-square-foot asbestos removal job.

c. A nonroutine 2,000-square-foot asbestos removal job.

In: Accounting

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has...

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has been a long-simmering dispute between the company’s estimator and the work supervisors. The on-site supervisors claim that the estimators do not adequately distinguish between routine work, such as removal of asbestos insulation around heating pipes in older homes, and nonroutine work, such as removing asbestos-contaminated ceiling plaster in industrial buildings. The on-site supervisors believe that nonroutine work is far more expensive than routine work and should bear higher customer charges. The estimator sums up his position in this way: “My job is to measure the area to be cleared of asbestos. As directed by top management, I simply multiply the square footage by $2.50 to determine the bid price. Since our average cost is only $2.01 per square foot, that leaves enough cushion to take care of the additional costs of nonroutine work that shows up. Besides, it is difficult to know what is routine or not routine until you actually start tearing things apart.”

To shed light on this controversy, the company initiated an activity-based costing study of all of its costs. Data from the activity-based costing system follow:

Activity Cost Pool Activity Measure Total Activity
Removing asbestos Thousands of square feet 850 thousand square feet
Estimating and job setup Number of jobs 400 jobs
Working on nonroutine jobs Number of nonroutine jobs 100 nonroutine jobs
Other (organization-sustaining costs and idle capacity costs) None
Note: The 100 nonroutine jobs are included in the total of 400 jobs. Both nonroutine jobs and routine jobs require estimating and setup.
Costs for the Year
Wages and salaries $ 308,000
Disposal fees 706,000
Equipment depreciation 90,000
On-site supplies 50,000
Office expenses 210,000
Licensing and insurance 410,000
Total cost $ 1,774,000
Distribution of Resource Consumption Across Activities
Removing Asbestos Estimating and Job Setup Working on Nonroutine Jobs Other Total
Wages and salaries 60 % 10 % 20 % 10 % 100 %
Disposal fees 70 % 0 % 30 % 0 % 100 %
Equipment depreciation 40 % 5 % 25 % 30 % 100 %
On-site supplies 70 % 20 % 10 % 0 % 100 %
Office expenses 15 % 35 % 20 % 30 % 100 %
Licensing and insurance 25 % 0 % 50 % 25 % 100 %

Required:

1. Perform the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system.

a. A routine 1,000-square-foot asbestos removal job.

b. A routine 2,000-square-foot asbestos removal job.

c. A nonroutine 2,000-square-foot asbestos removal job.

In: Accounting

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has...

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has been a long-simmering dispute between the company’s estimator and the work supervisors. The on-site supervisors claim that the estimators do not adequately distinguish between routine work, such as removal of asbestos insulation around heating pipes in older homes, and nonroutine work, such as removing asbestos-contaminated ceiling plaster in industrial buildings. The on-site supervisors believe that nonroutine work is far more expensive than routine work and should bear higher customer charges. The estimator sums up his position in this way: “My job is to measure the area to be cleared of asbestos. As directed by top management, I simply multiply the square footage by $3.00 to determine the bid price. Since our average cost is only $2.755 per square foot, that leaves enough cushion to take care of the additional costs of nonroutine work that shows up. Besides, it is difficult to know what is routine or not routine until you actually start tearing things apart.”

To shed light on this controversy, the company initiated an activity-based costing study of all of its costs. Data from the activity-based costing system follow:

Activity Cost Pool Activity Measure Total Activity
Removing asbestos Thousands of square feet 800 thousand square feet
Estimating and job setup Number of jobs 400 jobs
Working on nonroutine jobs Number of nonroutine jobs 100 nonroutine jobs
Other (organization-sustaining costs and idle capacity costs) None
Note: The 100 nonroutine jobs are included in the total of 400 jobs. Both nonroutine jobs and routine jobs require estimating and setup.
Costs for the Year
Wages and salaries $ 420,000
Disposal fees 814,000
Equipment depreciation 96,000
On-site supplies 62,000
Office expenses 320,000
Licensing and insurance 520,000
Total cost $ 2,232,000
Distribution of Resource Consumption Across Activities
Removing Asbestos Estimating and Job Setup Working on Nonroutine Jobs Other Total
Wages and salaries 50 % 15 % 20 % 15 % 100 %
Disposal fees 60 % 0 % 40 % 0 % 100 %
Equipment depreciation 40 % 5 % 20 % 35 % 100 %
On-site supplies 60 % 30 % 10 % 0 % 100 %
Office expenses 15 % 35 % 20 % 30 % 100 %
Licensing and insurance 25 % 0 % 60 % 15 % 100 %

Required:

1. Perform the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system.

a. A routine 1,000-square-foot asbestos removal job.

b. A routine 2,000-square-foot asbestos removal job.

c. A nonroutine 2,000-square-foot asbestos removal job.

In: Accounting

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has...

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has been a long-simmering dispute between the company’s estimator and the work supervisors. The on-site supervisors claim that the estimators do not adequately distinguish between routine work, such as removal of asbestos insulation around heating pipes in older homes, and nonroutine work, such as removing asbestos-contaminated ceiling plaster in industrial buildings. The on-site supervisors believe that nonroutine work is far more expensive than routine work and should bear higher customer charges. The estimator sums up his position in this way: “My job is to measure the area to be cleared of asbestos. As directed by top management, I simply multiply the square footage by $2.50 to determine the bid price. Since our average cost is only $2.175 per square foot, that leaves enough cushion to take care of the additional costs of nonroutine work that shows up. Besides, it is difficult to know what is routine or not routine until you actually start tearing things apart.”

To shed light on this controversy, the company initiated an activity-based costing study of all of its costs. Data from the activity-based costing system follow:

Activity Cost Pool Activity Measure Total Activity
Removing asbestos Thousands of square feet 800 thousand square feet
Estimating and job setup Number of jobs 500 jobs
Working on nonroutine jobs Number of nonroutine jobs 100 nonroutine jobs
Other (organization-sustaining costs and idle capacity costs) None
Note: The 100 nonroutine jobs are included in the total of 500 jobs. Both nonroutine jobs and routine jobs require estimating and setup.
Costs for the Year
Wages and salaries $ 300,000
Disposal fees 700,000
Equipment depreciation 90,000
On-site supplies 50,000
Office expenses 200,000
Licensing and insurance 400,000
Total cost $ 1,740,000
Distribution of Resource Consumption Across Activities
Removing Asbestos Estimating and Job Setup Working on Nonroutine Jobs Other Total
Wages and salaries 50 % 10 % 30 % 10 % 100 %
Disposal fees 60 % 0 % 40 % 0 % 100 %
Equipment depreciation 40 % 5 % 20 % 35 % 100 %
On-site supplies 60 % 30 % 10 % 0 % 100 %
Office expenses 10 % 35 % 25 % 30 % 100 %
Licensing and insurance 30 % 0 % 50 % 20 % 100 %

Required:

1. Perform the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system.

a. A routine 1,000-square-foot asbestos removal job.

b. A routine 2,000-square-foot asbestos removal job.

c. A nonroutine 2,000-square-foot asbestos removal job.

In: Accounting

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has...

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has been a long-simmering dispute between the company’s estimator and the work supervisors. The on-site supervisors claim that the estimators do not adequately distinguish between routine work, such as removal of asbestos insulation around heating pipes in older homes, and nonroutine work, such as removing asbestos-contaminated ceiling plaster in industrial buildings. The on-site supervisors believe that nonroutine work is far more expensive than routine work and should bear higher customer charges. The estimator sums up his position in this way: “My job is to measure the area to be cleared of asbestos. As directed by top management, I simply multiply the square footage by $2.80 to determine the bid price. Since our average cost is only $2.575 per square foot, that leaves enough cushion to take care of the additional costs of nonroutine work that shows up. Besides, it is difficult to know what is routine or not routine until you actually start tearing things apart.”

To shed light on this controversy, the company initiated an activity-based costing study of all of its costs. Data from the activity-based costing system follow:

Activity Cost Pool Activity Measure Total Activity
Removing asbestos Thousands of square feet 800 thousand square feet
Estimating and job setup Number of jobs 400 jobs
Working on nonroutine jobs Number of nonroutine jobs 100 nonroutine jobs
Other (organization-sustaining costs and idle capacity costs) None
Note: The 100 nonroutine jobs are included in the total of 400 jobs. Both nonroutine jobs and routine jobs require estimating and setup.
Costs for the Year
Wages and salaries $ 372,000
Disposal fees 775,000
Equipment depreciation 96,000
On-site supplies 58,000
Office expenses 280,000
Licensing and insurance 480,000
Total cost $ 2,061,000
Distribution of Resource Consumption Across Activities
Removing Asbestos Estimating and Job Setup Working on Nonroutine Jobs Other Total
Wages and salaries 60 % 10 % 20 % 10 % 100 %
Disposal fees 60 % 0 % 40 % 0 % 100 %
Equipment depreciation 50 % 10 % 15 % 25 % 100 %
On-site supplies 70 % 20 % 10 % 0 % 100 %
Office expenses 10 % 40 % 20 % 30 % 100 %
Licensing and insurance 25 % 0 % 60 % 15 % 100 %

Required:

1. Perform the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system.

a. A routine 1,000-square-foot asbestos removal job.

b. A routine 2,000-square-foot asbestos removal job.

c. A nonroutine 2,000-square-foot asbestos removal job.

In: Accounting

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has...

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has been a long-simmering dispute between the company’s estimator and the work supervisors. The on-site supervisors claim that the estimators do not adequately distinguish between routine work, such as removal of asbestos insulation around heating pipes in older homes, and nonroutine work, such as removing asbestos-contaminated ceiling plaster in industrial buildings. The on-site supervisors believe that nonroutine work is far more expensive than routine work and should bear higher customer charges. The estimator sums up his position in this way: “My job is to measure the area to be cleared of asbestos. As directed by top management, I simply multiply the square footage by $3.60 to determine the bid price. Since our average cost is only $2.845 per square foot, that leaves enough cushion to take care of the additional costs of nonroutine work that shows up. Besides, it is difficult to know what is routine or not routine until you actually start tearing things apart.”

To shed light on this controversy, the company initiated an activity-based costing study of all of its costs. Data from the activity-based costing system follow:

Activity Cost Pool Activity Measure Total Activity
Removing asbestos Thousands of square feet 750 thousand square feet
Estimating and job setup Number of jobs 400 jobs
Working on nonroutine jobs Number of nonroutine jobs 100 nonroutine jobs
Other (organization-sustaining costs and idle capacity costs) None
Note: The 100 nonroutine jobs are included in the total of 400 jobs. Both nonroutine jobs and routine jobs require estimating and setup.
Costs for the Year
Wages and salaries $ 460,000
Disposal fees 862,000
Equipment depreciation 104,000
On-site supplies 66,000
Office expenses 360,000
Licensing and insurance 560,000
Total cost $ 2,412,000
Distribution of Resource Consumption Across Activities
Removing Asbestos Estimating and Job Setup Working on Nonroutine Jobs Other Total
Wages and salaries 50 % 15 % 20 % 15 % 100 %
Disposal fees 70 % 0 % 30 % 0 % 100 %
Equipment depreciation 50 % 10 % 15 % 25 % 100 %
On-site supplies 60 % 30 % 10 % 0 % 100 %
Office expenses 15 % 35 % 20 % 30 % 100 %
Licensing and insurance 25 % 0 % 60 % 15 % 100 %

Required:

1. Perform the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system.

a. A routine 1,000-square-foot asbestos removal job.

b. A routine 2,000-square-foot asbestos removal job.

c. A nonroutine 2,000-square-foot asbestos removal job.

In: Accounting

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has...

Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has been a long-simmering dispute between the company’s estimator and the work supervisors. The on-site supervisors claim that the estimators do not adequately distinguish between routine work, such as removal of asbestos insulation around heating pipes in older homes, and nonroutine work, such as removing asbestos-contaminated ceiling plaster in industrial buildings. The on-site supervisors believe that nonroutine work is far more expensive than routine work and should bear higher customer charges. The estimator sums up his position in this way: “My job is to measure the area to be cleared of asbestos. As directed by top management, I simply multiply the square footage by $2.50 to determine the bid price. Since our average cost is only $2.175 per square foot, that leaves enough cushion to take care of the additional costs of nonroutine work that shows up. Besides, it is difficult to know what is routine or not routine until you actually start tearing things apart.”

To shed light on this controversy, the company initiated an activity-based costing study of all of its costs. Data from the activity-based costing system follow:

Activity Cost Pool Activity Measure Total Activity
Removing asbestos Thousands of square feet 800 thousand square feet
Estimating and job setup Number of jobs 500 jobs
Working on nonroutine jobs Number of nonroutine jobs 100 nonroutine jobs
Other (organization-sustaining costs and idle capacity costs) None
Note: The 100 nonroutine jobs are included in the total of 500 jobs. Both nonroutine jobs and routine jobs require estimating and setup.
Costs for the Year
Wages and salaries $ 300,000
Disposal fees 700,000
Equipment depreciation 90,000
On-site supplies 50,000
Office expenses 200,000
Licensing and insurance 400,000
Total cost $ 1,740,000
Distribution of Resource Consumption Across Activities
Removing Asbestos Estimating and Job Setup Working on Nonroutine Jobs Other Total
Wages and salaries 50 % 10 % 30 % 10 % 100 %
Disposal fees 60 % 0 % 40 % 0 % 100 %
Equipment depreciation 40 % 5 % 20 % 35 % 100 %
On-site supplies 60 % 30 % 10 % 0 % 100 %
Office expenses 10 % 35 % 25 % 30 % 100 %
Licensing and insurance 30 % 0 % 50 % 20 % 100 %

Required:

1. Perform the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system.

a. A routine 1,000-square-foot asbestos removal job.

b. A routine 2,000-square-foot asbestos removal job.

c. A nonroutine 2,000-square-foot asbestos removal job.

In: Accounting