Norton Brooks, PSC is an architectural firm that uses activity-based costing The three activity-cost pools used by
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Norton Brooks, PSC is an architectural firm that uses activity-based costing The three activity-cost pools used by Norton Brooks are Salaries and Wages, Travel Expense, and Plan Reproduction Expense The firm has provided the following information concerning activity and costs:
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Salaries and wages $430,000 Travel expense 100,000 Plan reproduction expense 120,000 Total $650,000 Activity Cost Pools Project Assignment Development Other Business Salaries and wages 60% 30% 10% Travel expense 40% 40% 20% Plan reproduction expense 35% 40% 25% Calculate the total cost to be allocated to the (a) Project Assignment, (b) Business Development, and (c) Other activity cost pools. Activity Cost Pools (a) (b) (c) Project Assignment Business Development Other Total Total cost Salaries and wages $430,000 Travel expense 100,000 Plan reproduction expense 120,000 Total $650,000 Activity Cost Pools Project Assignment Development Other Business Salaries and wages 60% 30% 10% Travel expense 40% 40% 20% Plan reproduction expense 35% 40% 25% Calculate the total cost to be allocated to the (a) Project Assignment, (b) Business Development, and (c) Other activity cost pools. Activity Cost Pools (a) (b) (c) Project Assignment Business Development Other Total Total cost
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PROJECT ASSIGNMENT SALARIES WAGES 430000 60 258000 TRAVEL EXPENSES 100000 40 40000 PL... View the full answer
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