The legal firm of West, Green, and Ink uses ABC to allocate its overhead costs. The firm
Question:
Match these cost pools with the appropriate cost driver listed below.
(Bolded on right is what is being matched, regular print to the left is possible answers))
Transcribed Image Text:
Liability insurance Computer support Client support Direct labor fringe 1. benefits Printing and photocopying Secretarial support Recruiting and Revenue billed. training Recruiting and training Liability insurance Secretarial support Printing 2. and photocopying Client support Computer support Direct labor fringe CPU minutes. benefits Secretarial support Printing and photocopying Computer support Liability 3. insurance Direct labor fringe benefits Client support Recruiting and Number of pages. training Secretarial support Direct labor fringe benefits Computer support Printing 4. and photocopying Client support Liability insurance Recruiting and Direct labor cost. training Direct labor fringe benefits Recruiting and training Secretarial support 5. Printing and photocopying Client support Computer support Liability Number of clients. insurance Liability insurance Secretarial support Client support Computer support 6. Direct labor fringe benefits Printing and photocopying Recruiting and Number of recruits. training Liability insurance Printing and photocopying Secretarial support Direct 7. labor fringe benefits Client support Recruiting and training Computer Direct professional hours. support
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
1 Liability insurance Revenue billed 2 Computer support C...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-0176223311
1st Canadian Edition
Authors: Karen Wilken Braun, Wendy Tietz, Walter Harrison, Rhonda Pyp
Question Posted:
Students also viewed these Corporate Finance questions
-
He legal firm of West, Green, and Ink uses ABC to allocate its overhead costs. The firm has identified the following activity cost pools: Match these cost pools with the appropriate cost driver...
-
The Green Hills Co. has just gone public. Under a firm commitment agreement, Green Hills received $26.04 for each of the 7 million shares sold. The initial offering price was $28 per share, and the...
-
Ready Ink and Paper Ltd. sells and distributes office supplies for printers and photocopy machines; its overall margin on sales is 10%. Ready Ink and Paper has customers of two kinds: low and high...
-
The lower-of-cost-or-net realizable value rule for inventory is an example of the application of: (a) the conservatism convention. (b) the historical cost principle. (c) the materiality concept. (d)...
-
Use source exchange to find the current I0 in the network shown. 1 2 220 A 2 _j1
-
Lang Enterprises was started when it acquired $4,000 cash from creditors and $6,000 from owners. The company immediately purchased land that cost $9,000. Required a. Record the events under an...
-
.Find the indicated z-score(s) shown in the graph. Area = 0.5987 0 z = ? Z
-
TBN manufactures jumpers for retail stores. John, the accountant of TBN, gets concerned about TBNs standard costing system. The budgeted and actual amounts below for August 2019 were drawn from its...
-
Write a Widget class according to the UML Diagram. WidgetFactory - numWidgets : int - WIDGETS_PER_HOUR: double = 10.0 |- NUM_SHIFTS: int = 2 - HOURS_PER_SHIFT: int = 8 + setNumWidgets(n: int): void...
-
1. What are pros and cons of Apples tight control of licensing? 2. What role has ecosystem played in Apples competitive advantage?
-
Vektek, Inc. thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $1,025,000. The company used 1,000 hours of...
-
1) Choose one of the following and describe how you think social media Marketing could help strengthen it brand: a. J.Crew b. Canon copiers c. Great Wolf Lodge resorts d. Nivea for Men skin care e....
-
Why is worker involvement important to an organizations success?
-
Since the information is supposed to play a vital role in responding to the smooth operations of the financial structure, explain briefly with the appropriate model(s) and highlight what it is...
-
Six years ago, Miguel invested $3,500. Today his investment is worth $5659. The internal rate of return on this investment is A) -7.69%. B) error 5. C) 8.34%. D) 10.28%. Please show formula and...
-
You save $100 and earn 7% (annual) interest. How much will you have total after two years assuming you reinvest principal and interest
-
ABC Inc. will be growing its business in the coming year. This will increase inventory by $10,400; increase in property, plant, and equipment of $30,900 ; an increase in accounts payable of $1,100...
-
A. Assuming deflation of the inventory items, which of these inventory cost methods would probably produce a higher cash flow: FIFO or LIFO? Briefly explain. B. Traditional ratio "Return on Assets" =...
-
Expressions that occur in calculus are given. Factor completely each expression. 5(2x + 1) 2 + (5x 6) 2(2x + 1) 2
-
Discuss the information available from the following techniques in the analysis of inorganic pigments used in antique oil paintings: (i) Powder X-ray diffraction, (ii) Infrared and Raman...
-
What is downsizing?
-
What is downsizing?
-
What is downsizing?
-
Identify an area of Financial Services where you feel significant opportunities lie in relation to process management. Why do you feel this?
-
1. Given the functions f(x) = x + 1 and g(x) = 3-x, determine an equation for the combined function y = f(x)+ g(x). 2. If f= {(-7, 1), (-5, 8), (3, 11), (5,-1)) and g = {(-6, 4), (-5, 3), (-1, 7),...
-
What is urban economics and what components of a city usually results in higher demand of a city's real estate. Describe at least three
Study smarter with the SolutionInn App