Waco Construction framed three structures last month: The simple house, the big house and the...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Waco Construction framed three structures last month: The simple house, the big house and the complex house. Direct costs of the three houses were labor and lumber with the following total direct costs along with square footages: Waco Construction Monthly Construction data by Project Simple Complex House Big House House Total Square Feet 1.700 Sq. Ft. 4,500 Sq. Ft. 3,800 Sq. Ft. 10,000 Sq. Ft. Labor cost $ 8,650 $ 31,550 $ 41,800 $ 82,000 Lumber Cost $ 16,000 $ 42,000 $ 41,000 $ 99,000 Total Direct $ 24,650 $ 73,550 $ 82,800 $ 181,000 Total Indirect costs for the month are $500,000. 1. Assume the indirect costs of $500,000 are allocated to the three projects on the basis of square feet. What is the total cost of each project? 2. Assume the indirect costs of $500,000 are allocated to the three projects on the basis of labor cost. What is the total cost of each project
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
Best
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.