Question: Poskey Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity

Poskey Corporation 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 $ 294,000
Depreciation 249,000
Utilities 233,000
Total $ 776,000

Distribution of resource consumption:
Activity Cost Pools
Assembly Setting Up Other Total
Wages and salaries 45% 25% 30% 100%
Depreciation 30% 20% 50% 100%
Utilities 25% 65% 10% 100%

How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool? rev: 03_22_2014_QC_47204

$252,583

$265,250

$349,200

$194,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!