Case 1 A firm of accountants has an activity-based costing system. This system permits staff...

50.1K

Verified Solution

Question

Accounting

image

Case 1 A firm of accountants has an activity-based costing system. This system permits staff to indicate specific tasks undertaken for clients, such as requesting missing information The amount charged for a request for missing information is based on the following amalysis: Each request takes an average of 15 minutes of professional staff time. Professional staff are charged out at $100 per hour. - When a client has provided an email address the request is sent by email. The total number of emails sent (including both internal and external messages) is 80,000 per year and the total cost of the email services is $4,000 per year. When a client has not provided an email address the request is emailed to a member of secretarial staff, who cuts and pastes the request into a standard letter. The cost of typing and posting a.letter is $2. Calculate, to the nearest cent, the cost of one request for information that is sent by post

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