SecuriCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
SecuriCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los Angeles area. The company is implementing an activity-based costing system that has four activity cost pools: Travel, Pickup and Delivery, Customer Service, and Other. The activity measures are miles for the Travel cost pool, number of pickups and deliveries for the Pickup and Delivery cost pool, and number of customers for the Customer Service cost pool. The Other cost pool has no activity measure because it is an organization-sustaining activity. The following costs will be assigned using the activity-based costing system: Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and expenses Office expenses Administrative expenses Total cost $ 960,000 390,000 270,000 Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and expenses Office expenses Administrative expenses 300,000 160,000 460,000 $ 2,540,000 The distribution of resource consumption across the activity cost pools is as follows: Pickup and Delivery 35% 5% 15% Travel 50% 70% 60% 0% 0% 0% 0% 20% 5% Required: Complete the first stage allocations of costs to activity cost pools. Customer Service 10% 0% 0% 90% 30% 60% Other 5% 25% 25% 10% 50% 35% Totals 100% 100% 100% 100% 100% 100% Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and expenses Office expenses Administrative expenses Total cost Travel Pickup and Delivery Customer Service Other Totals SecuriCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los Angeles area. The company is implementing an activity-based costing system that has four activity cost pools: Travel, Pickup and Delivery, Customer Service, and Other. The activity measures are miles for the Travel cost pool, number of pickups and deliveries for the Pickup and Delivery cost pool, and number of customers for the Customer Service cost pool. The Other cost pool has no activity measure because it is an organization-sustaining activity. The following costs will be assigned using the activity-based costing system: Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and expenses Office expenses Administrative expenses Total cost $ 960,000 390,000 270,000 Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and expenses Office expenses Administrative expenses 300,000 160,000 460,000 $ 2,540,000 The distribution of resource consumption across the activity cost pools is as follows: Pickup and Delivery 35% 5% 15% Travel 50% 70% 60% 0% 0% 0% 0% 20% 5% Required: Complete the first stage allocations of costs to activity cost pools. Customer Service 10% 0% 0% 90% 30% 60% Other 5% 25% 25% 10% 50% 35% Totals 100% 100% 100% 100% 100% 100% Driver and guard wages Vehicle operating expense Vehicle depreciation Customer representative salaries and expenses Office expenses Administrative expenses Total cost Travel Pickup and Delivery Customer Service Other Totals
Expert Answer:
Answer rating: 100% (QA)
Travel Pick up and delivery Customer service Other Tota... View the full answer
Related Book For
Introduction to Probability and Statistics
ISBN: 978-1133103752
14th edition
Authors: William Mendenhall, Robert Beaver, Barbara Beaver
Posted Date:
Students also viewed these general management questions
-
Refer to Slopes Ski Shop's purchases journal (Exhibit 7-9, page 394) and cash payments journal (Exhibit 7-10, page 396). Steve Austin, the owner, has raised the following questions about the...
-
Refer to Exercise 4.53. In E 4.53 When one die is rolled, the following six outcomes are possible: List the outcomes constituting A = event the die comes up even, B = event the die comes up 4 or...
-
Refer to Exercise 6.54. Suppose that three people are selected at random. a. Draw a probability tree and insert the probabilities of each branch. b. What is the probability of no right-handers, one...
-
Sparkle is one firm of many in the market for toothpaste, which is in long-run equilibrium. a. Draw a diagram showing Sparkles demand curve, marginal-revenue curve, average total- cost curve, and...
-
A door-to-door encyclopedia salesperson is required to document five in-home visits each day. Suppose that she has a 30% chance of being invited into any given home, with each address representing an...
-
On August 1, 2020, the following were the account balances of B&B Repair Services. During August, the following summary transactions were completed. Aug. 1 Paid $400 cash for advertising in local...
-
\((-12) \times(-10)\) Complete the indicated calculation.
-
The Global Tea and Organic Juice companies have merged. The following information has been collected for the Consolidation Project. 1. Compute the expected time for each activity. 2. Compute the...
-
Lily Company uses a standard cost accounting system. In 2022, the company produced 28,300 units. Each unit took several pounds of direct materials and 1.6 standard hours of direct labor at a standard...
-
Smoothie Plc, a fruit juice manufacturer, has determined the following standard cost details for the three ingredients that are blended together to make their tropical fruit drink: Standard cost per...
-
Consider the following set of Stern-Gerlach experiments. In this experiment the spins ejected from the source are not random, but are in a specific quantum state ). Your job is to determine the...
-
In the 1990 film, goodfellas director Martin Scorsese submerges us into the world of the Italian-American gangster. What elements of his visual style or "mise-en-scene" does Martin Scorsese use to...
-
First , please watch the following TED talk " The Danger of a Single Story " by Chimamanda Adichie (2009). Summarize and explain the main point that she wants to talk in public. Explain how her talk...
-
When talking about a Public Organization (not private business), explain different ways that states could take an active role as a local government nears bankruptcy.
-
In two to three sentences, submit a brief description of the topic (A or B) accompanied by at least two supporting resources. Topic A Persuade a legislator to propose legislation to (a) create a new...
-
Q1 Name two benefits of developing a personal brand. Please explain why these are beneficial to your job search and career development Q2 What advice would you give to a student before they start...
-
E3.4 (LO 1, 2, 3), AP Luong Corporation encounters the following situations: 1. Luong collects $1,300 from a customer in 2022 for services to be performed in 2023. 2. Luong incurs utility expense...
-
Write a while loop that uses an explicit iterator to accomplish the same thing as Exercise 7.3. Exercise 7.3. Write a for-each loop that calls the addInterest method on each BankAccount object in a...
-
In a genetics experiment, the researcher mated two Drosophila fruit flies and observed the traits of 300 offspring. The results are shown in the table. One of these offspring is randomly selected and...
-
a. Find a z0 such that P(z > z0) = .025. b. Find a z0 such that P(z < z0) = .9251.
-
In how many ways can you select two people from a group of 20 if the order of selection is not important?
-
The following information is available for the Dixon Company for the second quarter of 2005. Required: Prepare a cash budget for the second quarter of 2005. Apr May Jun Budgeted Receipts from Credit...
-
The following information is available for the Art Kriner Company for the first quarter of 2005: Beginning cash balance for January 2005 is expected to be \($1,500\). The company intends to maintain...
-
The following information is available for November 2005. Beginning cash balance for November is expected to be \($5,800\). The company intends to maintain a cash balance of at least \($5,000\). The...
Study smarter with the SolutionInn App