11:43 . Business Assignment 4 DETAILS Draft saved Due: 9/28/20, 11:59 PM 1 attempt left 15 points maximum score DESCRIPTION Brian and Gary are planning a skiing trip. They estimate the following costs Acti Bri Estimated Cost Cost driver $550 Pounds of food eaten 240 # of lift tickets Food Skiing 320 # of nights Lodging Total 1.110 Continue Attempt 1 11:43 . E Business Assignment 4 DETAILS Draft saved Due: 9/28/20, 11:59 PM 1 attempt left 15 points maximum score DESCRIPTION are planning a skiing trip. They estimate sts Activity Allocation Brian Gary imated Cost Cost driver $550 Pounds of food eaten 240 # of lift tickets 24 26 3 0 320 # of nights 1.110 Continue Attempt 1 11:43 X Business Assignment 4: Attempt 1 Question 1 -/2.5 $590 $560 3 $555 $550 Question 2 -/2.5 Brian: $275, Gary: $275 Brian: $264, Gary: $286 3 Brian: $13,200, Gary: $14,300 > Brian: $550, Gary: $0 Question 3 -/2.5 Rrian Gane 220 O of 6 completed Save for Later Submit 11:43 X Business Assignment 4: Attempt 1 , 2 Brian: $264, Gary: $286 Brian: $13.200, Gary: $14,300 Brian: $550, Gary: $0 Question 3 -/2.5 Brian: $0, Gary: $320 Brian: $320, Gary: 0 3 Brian: $154, Gary: $166 > Brian: $160, Gary: $160 Question 4 --/2.5 If the students use ABC and allocate skiing costs based upon # of lift tickets, how much skiing cost would each student pay? Brian: 50, Gary: $240 O of 6 completed Save for Later Submit 11:43 X Business Assignment 4: Attempt 1 Question 3 --/2.5 Brian: $0, Gary: $320 Brian: $320, Gary: 0 3 3 . Brian: $154, Gary: $166 Brian: $160, Gary: $160 Question 4 -12.5 If the students use ABC and allocate skiing costs based upon # of lift tickets, how much skiing cost would each student pay? Brian: $0, Gary: $240 Brian: $115, Gary: $125 Brian: $120, Gary: $120 Brian: $240, Gary: $0 O of 6 completed Save for Later Submit 11:43 X Business Assignment 4: Attempt 1 1 Brian: $533, Gary: $577 2 Brian: $664, Gary: $446 Brian: $1110, Gary: $0 Brian: $555, Gary: $555 Question 6 --/2.5 If you were Brian, which method of cost allocation would you prefer? 1 Even allocation (traditional cost) Process Costing 3 Opportunity Costing Activity-Based Costing Allocation O of 6 completed Save for Later Submit 1:38 X Business Assignment 4: Attempt 1 Question 1 -/2.5 Brian suggests that the two share costs equally. Using this method, the amount each student will pay is: $560 2 3 . $555 $550 Question 2 -/2.5 If the students use ABC and allocate food costs based upon pounds of food eaten, how much food cost would each student pay? Brian: $275, Gary: $275 Brian: $264, Gary: $286 Brian: $13,200, Gary: $14,300 1 of 6 completed Save for Later Submit 1:38 Business Assignment 4: Attempt 1 If the students use ABC and allocate food costs based upon pounds of food eaten, how much food cost would each student pay? Brian: $275, Gary: $275 2 Brian: $264, Gary: $286 3 Brian: $13,200, Gary: $14,300 Brian: $550, Gary: $0 Question 3 --/2.5 If the students use ABC and allocate lodging costs based upon # of nights, how much lodging cost would each student pay? 1 Brian: $0, Gary: $320 N Brian: $320, Gary: 0 Brian: $154, Gary: $166 Brian: $160, Gary: $160 1 of 6 completed