Copy of Riley's Land Management Company has $27,000 in indirect costs operating her company. She has...
Copy of Riley's Land Management Company has $27,000 in indirect costs operating her company. She has identified three activities that drive these indirect cost and created three related cost pools as detailed below:
| Activities | Costs | Cost-drivers |
| Labor Hours | $24,000 | 600 hours |
| Gas | $1,800 | 500 gallons |
| Invoices | $1,200 | 250 invoices |
| Total costs | $27,000 |
Riley has three divisions. Each division uses different amount of the cost driving activities as described below.
| Department |
Lawn |
Bush |
Plowing |
Total |
| Labor hours (hours) |
370 |
220 |
? |
600 |
| Gas (gallons) |
170 |
? |
70 |
500 |
| Invoices (invoices) |
? |
40 |
70 |
250 |
If Riley allocates indirect costs to each division using the three cost pool above and three allocation rates how much of the 24,000 indirect costs driven by labor hours will be allocated to the lawn division?
Homework Answers
Indirect cost allocated by labor hour
Allocated cost = 24000/600*370 = $14800
So answer is $14800
Add Answer to:
Copy of Riley's Land Management Company has $27,000 in indirect
costs operating her company. She has...
Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs...
Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs $352,000 $8,000 $110.000 S470.000 Activity-cost drivers 8,000 hours 4,000 gallons 5,500 invoices The above activities used by their three departments are: Labor Gas Invoices Lawn Department 3,200 hours 1,900 gallons 1,500 invoices Bush Department Plowing Department 1,200 hours 3,600 hours 900 gallons 1,200 gallons 300 invoices 3,700 invoices How much of the gas cost will be assigned to the Lawn Department? $8,000 $3,800 $2,400...
Happy Valley Land and Snow Company provides the following ABC costing information: Activities Total Costs Activity...
Happy Valley Land and Snow Company provides the following ABC costing information: Activities Total Costs Activity cost drivers Labour hours $160,000 Gas 8,000 hours $18,000 6,000 gallons Invoices20,000 Total costs 198,000 The above activities used by their three departments are as follows 2,500 invoices Bush Dept. 1,200 hours 800 gallons Plowing Dept. 4,300 hours 3,700 gallons Lawn Dept. Labour hours 2,500 hours Gas Invoices How much of the total cost will be assigned to the Lawn Dept? 1,500 gallons 1,600...
Please include details and show formulas on how to complete the problem.. Thanks Columbus Company provides...
Please include details and show formulas on how to complete the problem.. Thanks Columbus Company provides the following ABC costing information: Activities- Total Costs/ Activity-cost drivers = Labor $336,000/ 8,000 hours Gas $84,000/ 7,000 gallons Invoices $180,000 /7,500 invoices Total costs $600,000 The above activities used by their three departments are: Lawn Department labor- 3,100 hours.. Bush Department- labor 1,500 hours.. Plowing Department Labor 3,400 hours Gas Lawn= 1,900 gallons... Bush= 900 gallons... Plowing= 4,200 gallons Invoices Lawn= 1,300 invoices.......
Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs...
Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs $392,000 $10,000 $40,000 $442,000 Activity. - cost drivers 8,000 hours 5,000 gallons 2,500 invoices The above activities used by their three departments are: Labor Gas Lawn Department 3,200 hours 1,700 gallons Bush Department 1,200 hours 800 gallons Plowing Department 3,600 hours 2,500 gallons O A. $181,000 O B. $147,333 O C. $197,400 O D. $442,000 Invoices 1,300 invoices 200 invoices 1,000 invoices How much...
Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs...
Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs $360,000 $48,000 $130,000 $538,000 Activity. - cost drivers 8,000 hours 4,000 gallons 6,500 invoices The above activities used by their three departments are: Labor Lawn Department 2,600 hours 1,700 gallons Bush Department 1,200 hours 1,000 gallons Plowing Department 4,200 hours 1,300 gallons Gas O A. $12,000 O B. $15,600 O c. $48,000 O D. $20,400 Invoices 1,300 invoices 200 invoices 5,000 invoices How much...
Columbus Company provides the following ABC costing information: Activities Total Costs Activity dash– cost drivers Labor...
Columbus Company provides the following ABC costing information: Activities Total Costs Activity dash– cost drivers Labor $ 450 comma 000$450,000 10 comma 00010,000 hours Gas $ 24 comma 000$24,000 3 comma 0003,000 gallons Invoices $ 130 comma 000$130,000 6 comma 5006,500 invoices Total costs $ 604 comma 000$604,000 The above activities used by their three departments are: Lawn Department Bush Department Plowing Department Labor 2 comma 9002,900 hours 1 comma 3001,300 hours 5 comma 8005,800 hours Gas 1 comma 8001,800...
Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs...
Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs $376,000 $6,000 $130,000 $512,000 Activity. - cost drivers 8,000 hours 3,000 gallons 6,500 invoices The above activities used by their three departments are: Labor Lawn Department 2,900 hours 1,800 gallons Bush Department 1,300 hours 900 gallons Plowing Department 3,800 hours 300 gallons Gas Invoices 1,500 invoices 400 invoices 4,600 invoices If labor hours are used to allocate the non- labor, overhead costs, what is...
Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs...
Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs $376,000 $6,000 $130,000 $512,000 Activity. - cost drivers 8,000 hours 3,000 gallons 6,500 invoices The above activities used by their three departments are: Labor Lawn Department 2,900 hours 1,800 gallons Bush Department 1,300 hours 900 gallons Plowing Department 3,800 hours 300 gallons Gas O A. $17.00 per hour O B. $47.00 per hour O C. $64.00 per hour O D. $29.26 per hour Invoices...
Columbus Company provides the following ABC costing information Activities Labor Gas Invoices Total costs Total Costs...
Columbus Company provides the following ABC costing information Activities Labor Gas Invoices Total costs Total Costs $328,000 $40.000 $40 000 $408.000 Activity-cost drivers 8.000 hours 4000 gallons 2.500 invoices The above activities used by their three departments are: Lawn Department 2.600 hours Bush Department 1.400 hours Labor A. 5143,200 OB. $400,000 OC. 5157.572 OD. 5136.000 Click to select your answer Invoices Total costs $40.000 $408.000 2,500 invoices The above activities used by their three departments are: Labor Gas Invoices Lawn...
Stanley Company has identified the following activities related to indirect production costs: Activity Activity Costs Cost...
Stanley Company has identified the following activities related to indirect production costs: Activity Activity Costs Cost Drivers Machine Setup $180,000 1,500 setup hours Materials Handling $50,000 12,500 pounds of materials Electric Power $20,000 20,000 kilowatt hours Stanley Company has obtained the following data concerning two products: Product 1 Product 2 Number of units produced 4,000 20,000 Direct materials cost $20,000 $25,000 Direct labor cost $12,000 $20,000 Number of setup hours 100 120 Pounds of materials used 500 1,500 Kilowatt-hours 1,000...
Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs $352,000 $8,000 $110.000 S470.000 Activity-cost drivers 8,000 hours 4,000 gallons 5,500 invoices The above activities used by their three departments are: Labor Gas Invoices Lawn Department 3,200 hours 1,900 gallons 1,500 invoices Bush Department Plowing Department 1,200 hours 3,600 hours 900 gallons 1,200 gallons 300 invoices 3,700 invoices How much of the gas cost will be assigned to the Lawn Department? $8,000 $3,800 $2,400...
Happy Valley Land and Snow Company provides the following ABC costing information: Activities Total Costs Activity cost drivers Labour hours $160,000 Gas 8,000 hours $18,000 6,000 gallons Invoices20,000 Total costs 198,000 The above activities used by their three departments are as follows 2,500 invoices Bush Dept. 1,200 hours 800 gallons Plowing Dept. 4,300 hours 3,700 gallons Lawn Dept. Labour hours 2,500 hours Gas Invoices How much of the total cost will be assigned to the Lawn Dept? 1,500 gallons 1,600...
Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs $392,000 $10,000 $40,000 $442,000 Activity. - cost drivers 8,000 hours 5,000 gallons 2,500 invoices The above activities used by their three departments are: Labor Gas Lawn Department 3,200 hours 1,700 gallons Bush Department 1,200 hours 800 gallons Plowing Department 3,600 hours 2,500 gallons O A. $181,000 O B. $147,333 O C. $197,400 O D. $442,000 Invoices 1,300 invoices 200 invoices 1,000 invoices How much...
Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs $360,000 $48,000 $130,000 $538,000 Activity. - cost drivers 8,000 hours 4,000 gallons 6,500 invoices The above activities used by their three departments are: Labor Lawn Department 2,600 hours 1,700 gallons Bush Department 1,200 hours 1,000 gallons Plowing Department 4,200 hours 1,300 gallons Gas O A. $12,000 O B. $15,600 O c. $48,000 O D. $20,400 Invoices 1,300 invoices 200 invoices 5,000 invoices How much...
Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs $376,000 $6,000 $130,000 $512,000 Activity. - cost drivers 8,000 hours 3,000 gallons 6,500 invoices The above activities used by their three departments are: Labor Lawn Department 2,900 hours 1,800 gallons Bush Department 1,300 hours 900 gallons Plowing Department 3,800 hours 300 gallons Gas Invoices 1,500 invoices 400 invoices 4,600 invoices If labor hours are used to allocate the non- labor, overhead costs, what is...
Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs $376,000 $6,000 $130,000 $512,000 Activity. - cost drivers 8,000 hours 3,000 gallons 6,500 invoices The above activities used by their three departments are: Labor Lawn Department 2,900 hours 1,800 gallons Bush Department 1,300 hours 900 gallons Plowing Department 3,800 hours 300 gallons Gas O A. $17.00 per hour O B. $47.00 per hour O C. $64.00 per hour O D. $29.26 per hour Invoices...
Columbus Company provides the following ABC costing information Activities Labor Gas Invoices Total costs Total Costs $328,000 $40.000 $40 000 $408.000 Activity-cost drivers 8.000 hours 4000 gallons 2.500 invoices The above activities used by their three departments are: Lawn Department 2.600 hours Bush Department 1.400 hours Labor A. 5143,200 OB. $400,000 OC. 5157.572 OD. 5136.000 Click to select your answer Invoices Total costs $40.000 $408.000 2,500 invoices The above activities used by their three departments are: Labor Gas Invoices Lawn...
Most questions answered within 3 hours.
-
What are five tips in conducting knowledge assessment/literature
review research? Each of these tips needs to...
asked 13 minutes ago -
Antigen presenting cells link innate and adaptive immune
responses. In the theoretical scenario where phagosomes cannot...
asked 19 minutes ago -
Dealing with conflict, in my opinion, is a skill and an art. I
believe that those...
asked 55 minutes ago -
6. A long straight wire with circular cross section and radius
1.5 cm carries a 1.2...
asked 59 minutes ago -
Deacon Corporation has provided the following financial data
from its balance sheet and income statement:
Year...
asked 1 hour ago -
List and discuss at least three variables from everyday life for
which you expect the variable ...
asked 1 hour ago -
A high-pass filter consists of a 1.60 μF capacitor in series
with a 125 Ω resistor....
asked 1 hour ago -
A newly developed artificial intelligence has trouble
distinguishing hand-written numbers from hand-written alphabets.
There are pictures...
asked 2 hours ago -
The carbonate ion CO3 2- has multiple resonance structures.
a. Draw them and assign the hybridization...
asked 2 hours ago -
In doing an allocation for a basket purchase
Use the individual costs and the total market...
asked 2 hours ago -
what were the social political and economic causes and impacts of
the late 19th century urban...
asked 2 hours ago -
if the magnitude of a velocity vector is 10m/s and it
makes an angle of 45...
asked 2 hours ago