a & b | ||
Activities | Afternoon picnic | Formal Dinner |
Advertising (parties) | 99 | 99 |
Planning (parties) | 54 | 108 |
Equipment rental (parties, guests) 43+(13*20), 68+(20*21) |
303 | 488 |
Insurance (parties) | 240 | 440 |
Server
cost (parties) 55*5, 71*5 |
275 | 355 |
Food
(guests) 19*20 33*20 |
380 | 660 |
Total | 1351 | 2150 |
c | ||
Cathy charge | 1351/20 | 2150/20 |
67.55 | 107.50 |
Cathy, the manager of Cathy's Catering, Inc., uses activity based costing to compute the costs of...
Cathy, the manager of Cathy's Catering, Inc., uses activity-based costing to compute the costs of her catered parties. Each party is limited to 20 guests and requires four people to serve and clean up. Cathy offers two types of parties-an aftemoon picnic and an evening formal dinner. The breakdown of the costs follows. Activities and cost drivers) Afternoon Picnic Advertising (parties) $100 per party Planning (parties) $ 75 per party Renting equipment (parties, guests) $ 50 se per party plus...
Cathy, the manager of Cathy's Catering, Inc., uses activity-based costing to compute the costs of her catered parties. Each party is limited to 20 guests and requires 5 people to serve and clean up. Cathy offers two types of parties, an afternoon picnic and an evening formal dinner. The breakdown of the costs follows: Activities (and cost drivers) Afternoon Picnic Formal Dinner Advertising (parties) $ 91 per party $ 91 per party Planning (parties) $ 82 per party $ 102...
Cathy, the manager of Cathy’s Catering, Inc., uses activity-based costing to compute the costs of her catered parties. Each party is limited to 20 guests and requires 4 people to serve and clean up. Cathy offers two types of parties—an afternoon picnic and an evening formal dinner. The breakdown of the costs follows. Activities (and cost drivers) Afternoon Picnic Formal Dinner Advertising (parties) $ 101 per party $ 101 per party Planning (parties) $ 80 per party $ 104 per...
Cathy, the manager of Cathy's Catering, Inc., uses activity-based costin the costs of her catered parties. Each party is limited to 20 guests and i people to serve and clean up. Cathy offers two types of parties-an afte and an evening formal dinner. The breakdown of the costs follows. Activities (and cost drivers) Advertising (parties) Planning (parties) Renting equipment (parties, guests) Obtaining insurance (parties) Serving (parties, servers) Preparing food (guests) Afternoon Picnic $ 111 per party $ 66 per party...
Cathy, the manager of Cathy’s Catering, Inc., uses activity-based costing to compute the costs of her catered parties. Each party is limited to 20 guests and requires 5 people to serve and clean up. Cathy offers two types of parties, an afternoon picnic and an evening formal dinner. The breakdown of the costs follows: Activities (and cost drivers) Afternoon Picnic Formal Dinner Advertising (parties) $ 81 per party $ 81 per party Planning (parties) $ 68 per party $ 108...
- wy w way maNudhuldeturing Environment (LU 9-4,5) Cathy, the manager of Cathy's Catering, Inc., uses activity-based costing to compute the costs of her catered parties. Each party is limited to 20 guests and requires 4 people to serve and clean up. Cathy offers two types of parties-an afternoon picnic and an evening formal dinner. The breakdown of the costs follows. Activities and cost drivers) Afternoon Picnic Advertising (parties) $111 per party Planning (parties) $ 66 per party Renting equipment...
Part 3: Activity-Based Costing Banquet Services uses activity-based costing to compute the costs of their catered parties. Each party is limited to 40 guests and requires five people to serve and clean up. Two types of parties, an afternoon picnic and an evening formal dinner, are offered. The breakdown of the costs follows: Activities (and cost drivers) Afternoon Picnic vs Formal Dinner Advertising (parties) $175 per party for Afternoon Picnic $100 per party for Formal Dinner Planning (parties) $50 per...
At the beginning of the month, Mark’s Masonry had two jobs in process that had the following costs assigned from previous months: Job Number: JB111 Direct Labor: $24k Applied Overhead: ?? Job Number: JB115 Direct Labor: $15k Applied Overhead: ?? During the month, Jobs JB111 and JB115 were completed but not billed to customers. The completion costs for JB111 required $26,000 in direct labor. For JB115, $75,000 in direct labor was used. During the month, one new job, JB120, was...
At the beginning of the month, Mark’s Masonry had two jobs in process that had the following costs assigned from previous months: Job Number: JB111 Direct Labor: $24k Applied Overhead: ?? Job Number: JB115 Direct Labor: $15k Applied Overhead: ?? During the month, Jobs JB111 and JB115 were completed but not billed to customers. The completion costs for JB111 required $26,000 in direct labor. For JB115, $75,000 in direct labor was used. During the month, one new job, JB120, was...
Problem 4-14 Compute and Use Activity Rates to Determine the Costs of Serving Customers (L04-2, LO4-3, L04-4) Gino's Restaurant is a popular restaurant in Boston, Massachusetts. The owner of the restaurant has been trying to better understand costs at the restaurant and has hired a student intern to conduct an activity-based costing study. The intern, in consultation with the owner, identified the following major activities: Activity Cost Pool Serving a party of diners Serving a diner Serving drinks Activity Measure...