Costs of Services Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a...
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Costs of Services Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 2.1 hours. On average, HHH completes about 21,000 cleanings per year. The following total costs are associated with the total cleanings:
Required: If required, round your answers to the nearest cent. 1. Calculate the prime cost per cleaning. 2. Calculate the conversion cost per
cleaning. 3. Calculate the total variable cost per
cleaning. 4. Calculate the total service cost per
cleaning. 5. What if rent on the office that Jean and Tom use to run HHH increased by $2,100? Which of the following statements best describes the effect of this on HHH's costs? - Select your answer -Prime costs would increaseConversion costs per cleaning would increaseTotal service costs per cleaning would decreaseTotal variable costs would decreaseItem 5 |
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Costs of Services
Jean and Tom Perritz own and manage Happy Home Helpers, Inc.
(HHH), a...
Costs of Services Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a...
Costs of Services Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 0.9 hours. On average, HHH completes about 9,000 cleanings per year. The following total costs are associated with the total cleanings: $19,800 Direct materials Direct labor Variable overhead Fixed overhead 234,000 13,500 15,300 Required: If required, round your answers to the nearest cent. 1. Calculate the prime...
Cost of Services Produced Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH),...
Cost of Services Produced Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 0.9 hours. On average, HHH completes about 9,000 cleanings per year. The following total costs are associated with the total cleanings: Direct materials Direct labor Variable overhead Fixed overhead $285,300 11,700 13,500 Next year, HHH expects to purchase $27,200 of direct materials. Projected beginning and ending...
? Income Statement Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a...
? Income Statement Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 1.5 hours. On average, HHH completes about 15,000 cleanings per year. The following total costs are associated with the total cleanings: Direct materials Direct labor $472,500 Variable overhead 15,000 Fixed overhead 18,000 Next year, HHH expects to purchase $25,600 of direct materials. Projected beginning and ending inventories...
Cornerstone Exercise 2.8 Income Statement Jean and Tom Perritz own and manage Happy Home Helpers, Inc....
Cornerstone Exercise 2.8 Income Statement Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 1.5 hours. On average, HHH completes about 15,000 cleanings per year. The following total costs are associated with the total cleanings: Direct materials Direct labor Variable overhead Fixed overhead 472,500 15,000 18,000 continued) Next year, HHH expects to purchase $25,600 of direct materials. Projected beginning...
Cornerstone Exercise 2.7 Cost of Services Sold Jean and Tom Perritz own and manage Happy Home...
Cornerstone Exercise 2.7 Cost of Services Sold Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 1.5 hours. On average, HHH completes about 15,000 cleanings per year. The following total costs are associated with the total cleanings Direct materials Direct labor Variable overhead Fixed overhead $472,500 15,000 18,000 Next year, HHH expects to purchase $25,600 of direct materials. Projected...
I just need the answer for #5. I already calculated 1-4. Thank you! Cornerstone Exercise 2.5...
I just need the answer for #5. I already calculated 1-4. Thank
you!
Cornerstone Exercise 2.5 Costs of Services Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 1.5 hours. On average, HHH completes about 15,000 costs are associated with the total cleanings: cleanings per year. The following total Direct materials Direct labor Variable overhead Fixed overhead S 27,000...
PetSmart, Inc. is a large specialty pet retailer of services and solutions for the needs of...
PetSmart, Inc. is a large specialty pet retailer of services and solutions for the needs of pets. In addition to selling pet food and pet products, PetSmart also offers dog grooming services including bath, nail trim, teeth brushing, aromatherapy to reduce everyday stress, and nail polish and stickers. PetSmart even offers a Top Dog service that includes a premium shampoo, milk bath conditioner, scented cologne spritz, teeth brushing, and bandana or b Assume PetSmart, Inc. expects to incur $380,000 of...
34445 A service company, SUPER CLEAN, provides commercial and residential cleaning services. The company is currently...
34445 A service company, SUPER CLEAN, provides commercial and residential cleaning services. The company is currently using a job costing system. Overhead are allocated based on the direct labour hours. A. Traditional Costing with plant wide method: Using traditional costing the company calculated the overhead cost based on 21 000 hours of activity: Activity cost pools Receptionist Office supplies Estimated cost $ 25,000 $ 3,000 $ 32,500 $ 37.500 $ 98,000 Depreciation tota Required - Part A: Calculate the overhead...
Customer Profitability Analysis Roland, Inc. provides residential painting services for three home building companies, Alpha, Beta,...
Customer Profitability Analysis Roland, Inc. provides residential painting services for three home building companies, Alpha, Beta, and Gamma, and it uses a job costing system for determining the costs for completing each job. The job cost system does not capture any cost incurred by Roland for return touchups and refinishes after the homeowner occupies the home. Roland paints each house on a square footage contract price, which includes painting as well as all refinishes and touchups required after the homes...
Exercise 3B: Calculate rates of activity (Activity rates ) (value: 10 points) Pool Services, Inc. is...
Exercise 3B: Calculate rates of activity (Activity rates ) (value: 10 points) Pool Services, Inc. is a service company dedicated to the maintenance and cleaning of home pools. The owner understands that the costs depend on the amount of gallons of water in the pool, the distance to reach each customer and the total number of customers. It also depends on whether they are continuous use pools that require more maintenance or low-use pools that require more maintenance and the...
Costs of Services Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 0.9 hours. On average, HHH completes about 9,000 cleanings per year. The following total costs are associated with the total cleanings: $19,800 Direct materials Direct labor Variable overhead Fixed overhead 234,000 13,500 15,300 Required: If required, round your answers to the nearest cent. 1. Calculate the prime...
Cost of Services Produced Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 0.9 hours. On average, HHH completes about 9,000 cleanings per year. The following total costs are associated with the total cleanings: Direct materials Direct labor Variable overhead Fixed overhead $285,300 11,700 13,500 Next year, HHH expects to purchase $27,200 of direct materials. Projected beginning and ending...
? Income Statement Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 1.5 hours. On average, HHH completes about 15,000 cleanings per year. The following total costs are associated with the total cleanings: Direct materials Direct labor $472,500 Variable overhead 15,000 Fixed overhead 18,000 Next year, HHH expects to purchase $25,600 of direct materials. Projected beginning and ending inventories...
Cornerstone Exercise 2.8 Income Statement Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 1.5 hours. On average, HHH completes about 15,000 cleanings per year. The following total costs are associated with the total cleanings: Direct materials Direct labor Variable overhead Fixed overhead 472,500 15,000 18,000 continued) Next year, HHH expects to purchase $25,600 of direct materials. Projected beginning...
Cornerstone Exercise 2.7 Cost of Services Sold Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 1.5 hours. On average, HHH completes about 15,000 cleanings per year. The following total costs are associated with the total cleanings Direct materials Direct labor Variable overhead Fixed overhead $472,500 15,000 18,000 Next year, HHH expects to purchase $25,600 of direct materials. Projected...
I just need the answer for #5. I already calculated 1-4. Thank
you!
Cornerstone Exercise 2.5 Costs of Services Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 1.5 hours. On average, HHH completes about 15,000 costs are associated with the total cleanings: cleanings per year. The following total Direct materials Direct labor Variable overhead Fixed overhead S 27,000...
PetSmart, Inc. is a large specialty pet retailer of services and solutions for the needs of pets. In addition to selling pet food and pet products, PetSmart also offers dog grooming services including bath, nail trim, teeth brushing, aromatherapy to reduce everyday stress, and nail polish and stickers. PetSmart even offers a Top Dog service that includes a premium shampoo, milk bath conditioner, scented cologne spritz, teeth brushing, and bandana or b Assume PetSmart, Inc. expects to incur $380,000 of...
34445 A service company, SUPER CLEAN, provides commercial and residential cleaning services. The company is currently using a job costing system. Overhead are allocated based on the direct labour hours. A. Traditional Costing with plant wide method: Using traditional costing the company calculated the overhead cost based on 21 000 hours of activity: Activity cost pools Receptionist Office supplies Estimated cost $ 25,000 $ 3,000 $ 32,500 $ 37.500 $ 98,000 Depreciation tota Required - Part A: Calculate the overhead...
Exercise 3B: Calculate rates of activity (Activity rates ) (value: 10 points) Pool Services, Inc. is a service company dedicated to the maintenance and cleaning of home pools. The owner understands that the costs depend on the amount of gallons of water in the pool, the distance to reach each customer and the total number of customers. It also depends on whether they are continuous use pools that require more maintenance or low-use pools that require more maintenance and the...
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