Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. gizmo company, a manufacturer of small appliances,

Gizmo Company, a manufacturer of small appliances, had the following activities, allocated costs, and allocation...

90.2K

Verified Solution

Question

Accounting

image
Gizmo Company, a manufacturer of small appliances, had the following activities, allocated costs, and allocation bases: Allocated Costs Allocation Base $68,000 Activities Account inquiry (hours) Account billing (lines) Account verification (accounts) Correspondence (letters) 2600 hours 17,000 lines $34.000 $18,000 20,000 accounts $10,000 1400 letters The above activities are carried out at two of its regional offices. Northeast Office Activities Midwest Office 100 hours 16,000 lines 250 hours 8000 lines Account inquiry (hours) Account billing (lines) Account verification (accounts) Correspondence (letters) 1900 accounts 700 accounts 50 letters 140 letters What is the cost per hour for the account inquiry activity? (Round your answer to the nearest cent.) $26.15 O $2.00 $0.90 $7.14

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