Qinto Company sells two types of products: basic and deluxe. The company provides technical support for its products at a budgeted overhead cost of $252,000 per year. The company allocates technical support cost based on 10,500 budgeted technical support calls per year. 1. Compute the activity rate for technical support using activity-based costing.2. During January, Qinto received 640 calls on its deluxe model and 120 calls on its basic model. Allocate technical support costs to each model. Complete this question by entering your answers in the tabs below.Required 1 Required 2During January, Qinto received 640 calls on its deluxe model and 120 calls on its basic model. Allocate technical support coststo each model.ModelBasicDeluxeAllocate technical support costs to each modelActivity UsageActivity RateAllocated Cost Complete this question by entering your answers in the tabs below.Required 1 Required 2Compute the activity rate for technical support using activity-based costing.Technical support activity rateNumeratorDenominator

Name: Qinto Company sells two types of products: basic and deluxe. The compa
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Description: Qinto Company sells two types of products: basic and deluxe. The company provides technical support for its products at a budgeted overhead cost of $252,000 per year. The company allocates technical support cost based on 10,500 budgeted technical sup

Activity based costing is a technique that assigns the costs and overheads using the appropriate…

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Qinto Company sells two types of products: basic and deluxe. The company provides technical support for its products at a budgeted overhead cost of $252,000 per year. The company allocates technical support cost based on 10,500 budgeted technical support calls per year. 1. Compute the activity rate for technical support using activity-based costing. 2. During January, Qinto received 640 calls on its deluxe model and 120 calls on its basic model. Allocate technical support costs to each model.

Qinto Company sells two types of products: basic and deluxe. The company provides technical support for its products at a budgeted overhead cost of $252,000 per year. The company allocates technical support cost based on 10,500 budgeted technical support calls per year. 1. Compute the activity rate for technical support using activity-based costing. 2. During January, Qinto received 640 calls on its deluxe model and 120 calls on its basic model. Allocate technical support costs to each model.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 11MC: Which is not a task typically associated with ABC systems? A. calculating the overhead application...

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