Alamo's customer service department follows up on customer complaints by telephone inquiry. During a recent period,...
Alamo's customer service department follows up on customer complaints by telephone inquiry. During a recent period, the department initiated 15,700 calls and incurred costs of $329,700. If 3,150 of these calls were for the company's wholesale operation (the remainder were for the retail division), costs allocated to the retail division under activity-based costing system should amount to:
Homework Answers
calculation of costs allocated to the retail division under activity based costing system:
(a) Total cost incurred =$ 329700
(b) Total number of calls initiated = 15700
(c) Number of calls related to wholesale operations = 3150
(d) Number of calls related to retail division = 12550 (15700-3150)
(e) cost allocated to the retail division = 329700*12550/15700= $ 263550.
Add Answer to:
Alamo's customer service department follows up on customer
complaints by telephone inquiry. During a recent period,...
COVID 19 Co's customer service department follows up on customer complaints by telephone inquiry. During a...
COVID 19 Co's customer service department follows up on customer complaints by telephone inquiry. During a recent period, the department initiated 10,000 calls and incurred costs of $312,000. Of these calls, 3,800 were for the company's wholesale operation; the remainder was for the retail division. Costs allocated to the retail division are: Select one: a $118,560. b. $31,200. $193.440. d. $203.000
no need for details, just the final answer Which of the following is most likely to...
no need for details, just the final answer
Which of the following is most likely to be true of the manufacturing overhead costs assigned to a product with relatively low volume and high complexity? Select one: O a. A volume-based system will assign more manufacturing overhead costs to the product than an ABC system. O b. An ABC system will assign more manufacturing overhead costs to the product than a volume-based system. O c. An ABC system will assign manufacturing...
Which one of the following cast drivers would best be associated with the activity of physician...
Which one of the following cast drivers would best be associated with the activity of physician time in a medical clinic? The number of accreditations held by the clinic. Physician minutes with a patient Number of new patients visits Number of continuing patient visits 2. Magnolia Industries combines all manufacturing overhead into a single cost pool and allocates this overhead to products by using machine hours. Activity based costing would likely show that with Magnolia’s current procedures that: All of...
.1. The adoption of a 24/7 customer service help line is an example of a product...
.1. The adoption of a 24/7 customer service help line is an example of a product sustaining activity customer value added activity batch related activity business value added activity non value added activity 2. Pound industries customer service dept follows up on a customer complaint by telephone inquiry. During a recent period, the dept initiated 10,000 calls and incurred costs of 312,000. Of these calls 3,800 were for the company’s wholesale operation, the remainder was for the retail division. Costs...
QS 17-9 Assigning service costs using ABC LO P3 Aziz Company sells two types of products,...
QS 17-9 Assigning service costs using ABC LO P3 Aziz Company sells two types of products, basic and deluxe. The company provides technical support for users of its products at an expected cost of $150,000 per year. The company expects to process 10,000 customer service calls per year. Required: 1. Determine the company's cost of technical support per customer service call. 2. During the month of January, Aziz received 450 calls for customer service on its deluxe model and 150...
At the economic order quantity Total annual inventor costs holding costs and ordering costs are all minimized Total an...
At the economic order quantity Total annual inventor costs holding costs and ordering costs are all minimized Total annual inventory costs and holding costs are minimized Total annual inventory costs are minimized and hold costs equal ordering costs Total annual inventory costs are minimized and holds costs exceed ordering costs Total annual inventory cost are minimized and ordering costs exceed holding costs Consider the following statements regarding traditional costing systems: Overhead costs are applied to products on the basis volume...
18) Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs t...
18) Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: 18) Activity Cost Pool Setting up batches Processing customer orders Assembling products Activity Rate 59.96 per batch $ S 73.20 per customer order S 4.65 per assembly hour Data concerning two products appear below: Product Product K91B F650 Number of batches Number of customer orders 97 68 47 61 Number of assembly hours 501 908 How much overhead cost would be assigned...
Mercury, Inc., produces cell phones at its plant in Texas. In recent years, the company's market...
Mercury, Inc., produces cell phones at its plant in Texas. In recent years, the company's market share has been eroded by stiff competition from overseas. Price and product quality are the two key areas in which companies compete in this market. A year ago, the company's cell phones had been ranked low in product quality in a consumer survey. Shocked by this result, Jorge Gomez, Mercury's president, initiated an intense effort to improve product quality. Gomez set up a task...
Mercury, Inc., produces cell phones at its plant in Texas. In recent years, the company's market...
Mercury, Inc., produces cell phones at its plant in Texas. In recent years, the company's market share has been eroded by stiff competition from overseas. Price and product quality are the two key areas in which companies compete in this market. A year ago, the company's cell phones had been ranked low in product quality in a consumer survey. Shocked by this result, Jorge Gomez, Mercury's president, initiated an intense effort to improve product quality. Gomez set up a task...
Mercury, Inc., produces cell phones at its plant in Texas. In recent years, the company's market...
Mercury, Inc., produces cell phones at its plant in Texas. In recent years, the company's market share has been eroded by stiff competition from overseas. Price and product quality are the two key areas in which companies compete in this market. A year ago, the company's cell phones had been ranked low in product quality in a consumer survey. Shocked by this result, Jorge Gomez, Mercury's president, initiated an intense effort to improve product quality. Gomez set up a task...
COVID 19 Co's customer service department follows up on customer complaints by telephone inquiry. During a recent period, the department initiated 10,000 calls and incurred costs of $312,000. Of these calls, 3,800 were for the company's wholesale operation; the remainder was for the retail division. Costs allocated to the retail division are: Select one: a $118,560. b. $31,200. $193.440. d. $203.000
no need for details, just the final answer
Which of the following is most likely to be true of the manufacturing overhead costs assigned to a product with relatively low volume and high complexity? Select one: O a. A volume-based system will assign more manufacturing overhead costs to the product than an ABC system. O b. An ABC system will assign more manufacturing overhead costs to the product than a volume-based system. O c. An ABC system will assign manufacturing...
QS 17-9 Assigning service costs using ABC LO P3 Aziz Company sells two types of products, basic and deluxe. The company provides technical support for users of its products at an expected cost of $150,000 per year. The company expects to process 10,000 customer service calls per year. Required: 1. Determine the company's cost of technical support per customer service call. 2. During the month of January, Aziz received 450 calls for customer service on its deluxe model and 150...
18) Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: 18) Activity Cost Pool Setting up batches Processing customer orders Assembling products Activity Rate 59.96 per batch $ S 73.20 per customer order S 4.65 per assembly hour Data concerning two products appear below: Product Product K91B F650 Number of batches Number of customer orders 97 68 47 61 Number of assembly hours 501 908 How much overhead cost would be assigned...
Mercury, Inc., produces cell phones at its plant in Texas. In recent years, the company's market share has been eroded by stiff competition from overseas. Price and product quality are the two key areas in which companies compete in this market. A year ago, the company's cell phones had been ranked low in product quality in a consumer survey. Shocked by this result, Jorge Gomez, Mercury's president, initiated an intense effort to improve product quality. Gomez set up a task...
Mercury, Inc., produces cell phones at its plant in Texas. In recent years, the company's market share has been eroded by stiff competition from overseas. Price and product quality are the two key areas in which companies compete in this market. A year ago, the company's cell phones had been ranked low in product quality in a consumer survey. Shocked by this result, Jorge Gomez, Mercury's president, initiated an intense effort to improve product quality. Gomez set up a task...
Mercury, Inc., produces cell phones at its plant in Texas. In recent years, the company's market share has been eroded by stiff competition from overseas. Price and product quality are the two key areas in which companies compete in this market. A year ago, the company's cell phones had been ranked low in product quality in a consumer survey. Shocked by this result, Jorge Gomez, Mercury's president, initiated an intense effort to improve product quality. Gomez set up a task...
Most questions answered within 3 hours.
-
For the data set shown below, complete parts (a) through (d)
below. x 3 4 5...
asked 1 minute ago -
A university administrator working in student housing wants to
determine if the percentage of students residing...
asked 15 minutes ago -
3). Describe human population growth that has occurred in the
past 400 years. Use terms learned...
asked 12 minutes ago -
A
projectile is blue at a target. The distance from the point of
impact to the...
asked 37 minutes ago -
Given a 32 bit processor, with 2 MB of physical RAM split into 512
frames. What...
asked 27 minutes ago -
What were the main rulings in the Supreme Court cases which are
Morgan v. Virginia (1946)...
asked 26 minutes ago -
write a five paragraph essay on how setting,
specifically culture, influences the actions of
the characters...
asked 18 minutes ago -
JAVA
Provide a simple code sample of Merge sort
asked 29 minutes ago -
Discounting cash flows involves:
A. taking the cash discount offered on a trade merchandise
B. estimating...
asked 36 minutes ago -
A solid wood door 1.00 m wide and 2.00 m high is hinged along
one side...
asked 36 minutes ago -
Raleigh Company manufactures two joint products. At the
split-off point, they have sales values of:
Product...
asked 36 minutes ago -
1. Your grandmother has invested $4000 in a mutual fund each
year on your birthday (she...
asked 38 minutes ago