Cancico Communications has supplied the following data for use in its ABC system: Overhead Costs...
50.1K
Verified Solution
Question
Accounting
Cancico Communications has supplied the following data for use in its ABC system: Overhead Costs Wages and salaries $ 300,000 Other overhead costs 165,000 Total overhead costs $ 465,000 Activity Cost Pool Activity Measure Total Activity Direct labour support Number of direct labour-hours 12,300 DLHs Order processing Number of orders 500 orders Customer support Number of customers 180 customers Other These costs are not allocated to products or customers NA Distribution of Resource Consumption across Activity Cost Pools Direct Labour Support Order Processing Customer Support Other Total Wages and salaries 15 % 40 % 35 % 10 % 100 % Other overhead costs 10 % 25 % 25 % 40 % 100 % During the year, Cancico Communications completed an order for special telephone equipment for a new customer, HurnTel. This customer did not order any other products during the year. Data concerning that order follow: Selling price $ 217 per unit Units ordered 190 units Direct materials $ 196 per unit Direct labour-hours 0.6 DLH per unit Direct labour rate $ 26 per DLH Required: 1. Prepare a report showing the first-stage allocations of overhead costs to the activity cost pools. 2. Compute the activity rates for the activity cost pools. (Round your answers to 2 decimal places.) 3. Prepare a report showing the overhead costs for the order from HurnTel, including customer support costs. (Round your answers to 2 decimal places.) 4. Prepare a report showing the customer margin for HurnTel. (Round your answers to 2 decimal places.) please put in graphs
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.