The Long Haul Trucking Company is developing metrics for its drivers. The company computes variable costs...
The Long Haul Trucking Company is developing metrics for its
drivers. The company computes
variable costs of each load based upon miles driven and allocates
fixed costs based upon time consumed.
Load costing standards consider safe driving speeds and Department
of Transportation regulations on
hours of service (the amount of time the driver can be on duty or
drive). The most effective metric for driver
performance would likely be:
a. Contribution per mile driven.
b. Gross margin per mile driven.
c. Achievement of delivered loads in allowed times.
d. Percentage increase in delivered loads below standard.
Homework Answers
| The most effective metric for driver performance would likely be Achievement of delivered loads in allowed times. |
| Achievement of delivered loads within standard time helps in measuring the perofrmance of driver effectively. |
| Option C is correct |
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The Long Haul Trucking Company is developing metrics for its
drivers. The company computes
variable costs...
Ready Ride is a trucking company. It provides local, short-haul, and long-haul services. It has developed...
Ready Ride is a trucking company. It provides local,
short-haul, and long-haul services. It has developed the following
three cost pools.
Activity Cost Pool
Cost Drivers
Estimated
Overhead
Expected Use of
Cost Driver
per Activity
Loading and unloading
Number of pieces
$95,000
91,300
Travel
Miles driven
439,000
621,000
Logistics
Hours
63,000
2,890
Compute the activity-based overhead rates for each pool.
(Round answers to 2 decimal places, e.g.
12.75.)
Activity Cost Pool
Activity-Based
Overhead Rate
Loading and unloading
$
per piece...
Ready Ride is a trucking company. It provides local, short-haul, and long-haul services. It has developed...
Ready Ride is a trucking company. It provides local, short-haul, and long-haul services. It has developed the following three cost pools. Activity Cost Pool Cost Drivers Estimated Overhead Expected Use of Cost Driver per Activity Loading and unloading Number of pieces $ 91,000 89,500 Travel Miles driven 457,000 579,000 Logistics Hours 75,000 2,810 Compute the activity-based overhead rates for each pool. (Round answers to 2 decimal places, e.g. 12.75.) Activity Cost Pool Activity-Based Overhead Rate Loading and unloading $ per...
Ready Ride is a trucking company. It provides local, short-haul, and long-haul services. It has developed...
Ready Ride is a trucking company. It provides local, short-haul, and long-haul services. It has developed the following three cost pools. Estimated Overhead Expected Use of Cost Driver r Activit Activity Cost Pool Cost Drivers Loading and unloading Travel Number of pieces Miles driven Hours $100,000 467,000 73,000 92,300 575,000 2,850 Logistics Compute the activity-based overhead rates for each pool. (Round answers to 2 decimal places, e.g. 12.75.) Activity-Based Activity Cost Pooloverhead Rate Loading and unloading s Travel Logistics per...
Ready Ride is a trucking company. It provides local, short-haul, and long-haul services. It has developed...
Ready Ride is a trucking company. It provides local,
short-haul, and long-haul services. It has developed the following
three cost pools.
Activity Cost Pool
Cost Drivers
Estimated
Overhead
Expected Use of
Cost Driver
per Activity
Loading and unloading
Number of pieces
$92,000
89,300
Travel
Miles driven
437,000
583,000
Logistics
Hours
80,000
2,830
Compute the activity-based overhead rates for each pool.
(Round answers to 2 decimal places, e.g.
12.75.)
Activity Cost Pool
Activity-Based
Overhead Rate
Loading and unloading
$
per piece...
A trucking company pays drivers an hourly wage to drive trailer-loads of cargo to destinations. A...
A trucking company pays drivers an hourly wage to drive trailer-loads of cargo to destinations. A fully-loaded tractor-trailer rig itself also costs the company an average of $1.25/mile to operate (for fuel, maintenance, insurance, etc.). distant To monitor the safety and whereabouts of drivers and cargo, each truck is equipped with a GPS tracker, which transmits a continuous (second-by-second) record of the truck's position; and a speedometer recorder, which transmits a continuous record of its speed (in mph). And the...
HDT Truck Company HDT Truck Company has been located in Crown Point, Indiana, since 1910. Its...
HDT Truck Company HDT Truck Company has been located in Crown Point, Indiana, since 1910. Its only products— large trucks—are built to individual customer specifications. The firm once produced automobiles but dropped out of the auto business in 1924. The firm nearly went out of business in the late 1930s, but by 1940 its fortunes were buoyed by receipt of several military contracts for tank retrievers—large-wheeled vehicles that can pull a disabled tank onto a low trailer and haul it...
Ready Ride is a trucking company. It provides local,
short-haul, and long-haul services. It has developed the following
three cost pools.
Activity Cost Pool
Cost Drivers
Estimated
Overhead
Expected Use of
Cost Driver
per Activity
Loading and unloading
Number of pieces
$95,000
91,300
Travel
Miles driven
439,000
621,000
Logistics
Hours
63,000
2,890
Compute the activity-based overhead rates for each pool.
(Round answers to 2 decimal places, e.g.
12.75.)
Activity Cost Pool
Activity-Based
Overhead Rate
Loading and unloading
$
per piece...
Ready Ride is a trucking company. It provides local, short-haul, and long-haul services. It has developed the following three cost pools. Estimated Overhead Expected Use of Cost Driver r Activit Activity Cost Pool Cost Drivers Loading and unloading Travel Number of pieces Miles driven Hours $100,000 467,000 73,000 92,300 575,000 2,850 Logistics Compute the activity-based overhead rates for each pool. (Round answers to 2 decimal places, e.g. 12.75.) Activity-Based Activity Cost Pooloverhead Rate Loading and unloading s Travel Logistics per...
Ready Ride is a trucking company. It provides local,
short-haul, and long-haul services. It has developed the following
three cost pools.
Activity Cost Pool
Cost Drivers
Estimated
Overhead
Expected Use of
Cost Driver
per Activity
Loading and unloading
Number of pieces
$92,000
89,300
Travel
Miles driven
437,000
583,000
Logistics
Hours
80,000
2,830
Compute the activity-based overhead rates for each pool.
(Round answers to 2 decimal places, e.g.
12.75.)
Activity Cost Pool
Activity-Based
Overhead Rate
Loading and unloading
$
per piece...
A trucking company pays drivers an hourly wage to drive trailer-loads of cargo to destinations. A fully-loaded tractor-trailer rig itself also costs the company an average of $1.25/mile to operate (for fuel, maintenance, insurance, etc.). distant To monitor the safety and whereabouts of drivers and cargo, each truck is equipped with a GPS tracker, which transmits a continuous (second-by-second) record of the truck's position; and a speedometer recorder, which transmits a continuous record of its speed (in mph). And the...
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