ScholfieldEnterprises makes a variety of products that it sells to other businesses. The company’s activity-based costing...
ScholfieldEnterprises makes a variety of products that it sells to other businesses. The company’s activity-based costing system has four activity cost pools for assigning costs to products and customers. Details concerning that ABC system are listed below:
| Activity Cost Pool | Activity Measure | Activity Rate | ||
| Supporting assembly | Direct labor-hours (DLHs) | $ | 6.55 | per DLH |
| Processing batches | Number of batches | $ | 138.20 | per batch |
| Processing orders | Number of orders | $ | 52.60 | per order |
| Serving customers | Number of customers | $ | 1,191.00 | per customer |
The cost of serving customers, $1,191.00 per customer, is the cost of serving a customer for one year.
Latif Corporation buys only one of the company’s products which ScholfieldEnterprises sells for $15.60per unit. Last year Latif Corporation ordered a total of 1,100units of this product in 2orders. To fill the orders, 7batches were required. The direct materials cost is $7.85per unit and the direct labor cost is $1.90per unit.Each unit requires 0.10DLHs.
According to the ABC system, the total cost of the activity "Processing batches" for this customer this past year was closest to:
Garrison 16e Rechecks 2018-07-24
Multiple Choice
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$967.40
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$138.20
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$52.60
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$1,020.00
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ScholfieldEnterprises makes a variety of products that it sells
to other businesses. The company’s activity-based costing...
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Mustafa Enterprises makes a variety of products
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