Icicles Ice Pops makes red, white and blue popsicles for the 4th of July celebrations. They...
Icicles Ice Pops makes red, white and blue popsicles for the 4th of July celebrations. They are using the activity-based costing system and have identified three activity cost pools. Icicles has provided the following data concerning its costs and its activity-based costing system:
Costs:
| Wages and salaries | $ | 294,000 | |||||
| Depreciation | 249,000 | ||||||
| Utilities | 233,000 | ||||||
| Total | $ | 776,000 | |||||
According to their consultants who evaluated Icicles operations determined the distribution of resource consumption as follows:
| Activity Cost Pools | |||||
| Assembly | Setting Up | Other | Total | ||
| Wages and salaries | 45% | 25% | 30% | 100% | |
| Depreciation | 30% | 20% | 50% | 100% | |
| Utilities | 25% | 65% | 10% | 100% | |
How much cost, in total, would be allocated in the first-stage allocation to the "Assembly" activity cost pool?
rev: 11_09_2017_QC_CS-108764
Garrison 16e Rechecks 2018-07-24
Multiple Choice
-
$349,200
-
$194,000
-
$252,583
-
$265,250
Homework Answers
| Wages (294,000*45%) | 132,300 |
| Depreciation (249,000*30%) | 74,700 |
| Utilities (233,000*25%) | 58,250 |
| 265,250 |
Option D
Add Answer to:
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