Question: Question 5 (6 Marks) Pan & Smith LLP, a consulting firm, uses an activity-based costing in which there are three activity cost pools. The company

Question 5 (6 Marks) Pan & Smith LLP, a consulting firm, uses an activity-based costing in which there are three activity cost pools. The company has provided the following data concerning its costs and its activity-based costing system: Costs: Wages and Salaries $540,000 Travel Expenses $100,000 Other Expenses $140.000 Total $780,000 Distribution of Resource Consumption: Activity Cost Pools Working On Business Engagements Development Other Total Wages and salaries 50% 20% 30% 100% Travel expenses 60% 30% 10% 100% Other expenses 35% 25% 40% 100% Required: a. How much cost, in total, would be allocated to the "Working on Engagements" activity cost pool? (2 marks) b. How much cost, in total, would be allocated to the "Business Development" activity cost pool? (2 marks) C. How much cost, in total, would be allocated to the "Other" activity cost pool? (2 marks)

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