From the given information answer the questions. Activity Cost Pool Activity Measure Thousands of square feet Number

From the given information answer the questions.

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Activity Cost Pool Activity Measure Thousands of square feet Number of jobs Number of nonroutine jobs Total Activity 800 thousand square feet 400 jobs 100 nonroutine jobs Removing asbestos Estimating and job setup Other (organization-sustaining costs and None Working on nonroutine jobs idle capacity costs) Note: The 100 nonroutine jobs are included in the total of 400 jobs. Both nonroutine jobs and routine jobs require estimating setup. Costs for the Year Wages and salaries Disposal fees Equipment depreciation On-site supplies Office expenses Licensing and insurance $ 332,000 740,000 90,000 54,000 240,000 440,000 $ 1,896,000 Total cost Distribution of Resource Consumption Across Activities Estimating and Job Wages and salaries Disposal fees Equipment depreciation On-site supplies office expenses Licensing and insurance Required: Removing Working on Nonroutine Asbestos Setup Jobs Other Total 50% 10% 30% 10% 100% 70% 0% 30% 0% 100% 40% 5% 20% 35% 100% 60% 25% 15% 0% 100% 10% 40% 15% 35% 100% 25% 0% 60% 15% 100% 1. Perform the first-stage allocation of costs to the activity cost pools. 2. Compute the activity rates for the activity cost pools. 3. Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of following jobs according to the activity-based costing system. a. A routine 1,000-square-foot asbestos removal job. b. A routine 2,000-square-foot asbestos removal job. c. A nonroutine 2,000-square-foot asbestos removal job. Complete this question by entering your answers in the tabs below. Rec 1 Req 2 Req BA to Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system. (Round the "Average Cost per thousand square feet to 2 decimal places.) a. A routine 1,000-square-foot asbestos removal job. b. A routine 2,000-square-foot asbestos removal job. c. A nonroutine 2,000-square-foot asbestos removal job. Total cost of the job Average Cost per thousand square feet Routine 1.000 square feet job Routine 2,000 square feet job Nonroutine 2.000 square feet job Show less A Activity Cost Pool Activity Measure Thousands of square feet Number of jobs Number of nonroutine jobs Total Activity 800 thousand square feet 400 jobs 100 nonroutine jobs Removing asbestos Estimating and job setup Other (organization-sustaining costs and None Working on nonroutine jobs idle capacity costs) Note: The 100 nonroutine jobs are included in the total of 400 jobs. Both nonroutine jobs and routine jobs require estimating setup. Costs for the Year Wages and salaries Disposal fees Equipment depreciation On-site supplies Office expenses Licensing and insurance $ 332,000 740,000 90,000 54,000 240,000 440,000 $ 1,896,000 Total cost Distribution of Resource Consumption Across Activities Estimating and Job Wages and salaries Disposal fees Equipment depreciation On-site supplies office expenses Licensing and insurance Required: Removing Working on Nonroutine Asbestos Setup Jobs Other Total 50% 10% 30% 10% 100% 70% 0% 30% 0% 100% 40% 5% 20% 35% 100% 60% 25% 15% 0% 100% 10% 40% 15% 35% 100% 25% 0% 60% 15% 100% 1. Perform the first-stage allocation of costs to the activity cost pools. 2. Compute the activity rates for the activity cost pools. 3. Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of following jobs according to the activity-based costing system. a. A routine 1,000-square-foot asbestos removal job. b. A routine 2,000-square-foot asbestos removal job. c. A nonroutine 2,000-square-foot asbestos removal job. Complete this question by entering your answers in the tabs below. Rec 1 Req 2 Req BA to Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system. (Round the "Average Cost per thousand square feet to 2 decimal places.) a. A routine 1,000-square-foot asbestos removal job. b. A routine 2,000-square-foot asbestos removal job. c. A nonroutine 2,000-square-foot asbestos removal job. Total cost of the job Average Cost per thousand square feet Routine 1.000 square feet job Routine 2,000 square feet job Nonroutine 2.000 square feet job Show less A

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Lets break down the steps to solve this activitybased costing problem 1 Perform the firststage allocation of costs to the activity cost pools To alloc... View the full answer