Bennette Corporation has provided the following data concerning its overhead costs for the coming year:...

80.2K

Verified Solution

Question

Accounting

image
image
Bennette Corporation has provided the following data concerning its overhead costs for the coming year: Wages and salaries Depreciation Rent $ 500,000 200,000 220,000 $ 920,000 Total The company has an activity-based costing system with the following three activity cost pools and estimated activity for the coming year: Activity Cost Pool Total Activity Assembly 40,000 labor-hours Order processing 500 orders Not Other applicable The Other activity cost pool does not have a measure of activity, it is used to accumulate costs of idle capacity and organization- sustaining costs. The distribution of resource consumption across activity cost pools is given below: Activity Cost Pools Assembly Order Processing Other Total Wages and salaries 408 358 25$ 1008 Depreciation 108 408 501 1008 Rent 308 256 458 100% The activity rate for the Order Processing activity cost pool is closest to: Activity Cost Poola Ansembly Order Processing Wages and salaries 401 356 Depreciation 104 408 Rent 30* 256 The activity rate for the Order Processing activity cost pool is closest to Other 256 508 458 Total 1004 100 1008 Multiple Choice $620 per order $610 per order $510 per order $630 per order

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students