Question: Current Attempt in Progress Gant Accounting performs two types of services, Audit and Tax. Gant's overhead costs consist of computer support, $354000; and legal support,

Current Attempt in Progress Gant Accounting performs two types of services, Audit and Tax. Gant's overhead costs consist of computer support, $354000; and legal support, $174000. Information on the two services is: Audit Tax Direct labor cost CPU minutes $50000 $100000 40000 10000 200 800 Legal hours used Gant Accounting performs tax services for Cathy Lane. Direct labor cost is $1200; 600 CPU minutes were used; and 1 legal hour was used. What is the total cost of the Lane job using activity-based costing? O $4248 O $4422 O $6048 O $5622 Save for Later Attempts: 0 of 1 used Submit
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
