ANSWER TO THE QUESTION NO 3 FROM ABOVE TABLE

ANSWER TO THE QUESTION NO 5 FROM THE UPPER TABLE

1. Times Company produces a single type of product at a selling price of $30 per unit. In the current year, the company started production of 75,000 units products and sold 62,000 units in the current year. There were no beginning inventory in the current year. The following cost information is available : Variable Fixed DM DL $5 MOH $3.50 $8 Selling & Admin $4 $3 $8 3. What should be the value of Net Incomel Profit, under variable costing system? Show calculation clearly. Wages and salaries Depreciation ...... Occupancy .... Total...... $400,000 180,000 200,000 $780,000 The distribution of resource consumption across the three activity cost pools is given below: Wages and salaries. Depreciation .... Occupancy...... Fabricating 55% 10% 35% Activity Cost Pools Order Processing Other Total 20% 25% 100% 50% 40% 100% 40% 25% 100% 5. Use the information from Question No. 4 to calculate how much cost, in total, would be allocated in the first-stage allocation to the Fabricating activity cost pool