Question: COVID 19 Co uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its
COVID 19 Co uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system:
Costs:
Wages and salaries
$ 273,000
Depreciation
207,000
Utilities
199,000
Total
$ 679,000
Distribution of resource consumption:
Activity Cost Pools
Total
Assembly
Setting Up
Other
Wages and salaries
60%
20%
20%
100%
Depreciation
35%
20%
45%
100%
Utilities
20%
60%
20%
100%
How much cost, in total, would be allocated in the first-stage allocation to the Other activity cost pool?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
