the following data from its activity-based costing accounting system: Indirect factory wages $ 24,000 $ 201,000 Factory equipment depreciation Distribution of Resource Consumption across Activity Cost Pools: Product Activity Cost Pools Indirect factory wages Customer Orders Processing Other Total 46% 45% 1008 1008 98 Factory equipment depreciation 60% 278 138 The "Other" activity cost pool consists of the costs of idlo

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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A company has provided the following data from its activity-based costing accounting system:
Help
Indirect factory wages
Factory equipment depreciation
$ 24,000
$ 201,000
Distribution of Resource Consumption across Activity Cost Pools:
Activity Cost Pools
Indirect factory wages
Product
Customer Orders
Processing
46%
Other
Total
Factory equipment depreciation
45%
98
100%
100%
60%
278
13%
The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs that are not assigned to products.
Required:
a. Determine the total amount of indirect factory wages and factory equipment depreciation costs that would be allocated to the
Product Processing activity cost pool.
b. Determine the total amount of indirect factory wages and factory equipment depreciation costs that would NOT be assigned to
products.
Complete this question by entering your answers in the tabs below.
Required A
Required B
Determine the total amount of indirect factory wages and factory equipment depreciation costs that would be allocated to the
Product Processing activity cost pool.
Product Processing
Activity Cost Pool
Indirect factory wages
Factory equipment depreciation
Required B >
< Required A
Next
Transcribed Image Text:A company has provided the following data from its activity-based costing accounting system: Help Indirect factory wages Factory equipment depreciation $ 24,000 $ 201,000 Distribution of Resource Consumption across Activity Cost Pools: Activity Cost Pools Indirect factory wages Product Customer Orders Processing 46% Other Total Factory equipment depreciation 45% 98 100% 100% 60% 278 13% The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs that are not assigned to products. Required: a. Determine the total amount of indirect factory wages and factory equipment depreciation costs that would be allocated to the Product Processing activity cost pool. b. Determine the total amount of indirect factory wages and factory equipment depreciation costs that would NOT be assigned to products. Complete this question by entering your answers in the tabs below. Required A Required B Determine the total amount of indirect factory wages and factory equipment depreciation costs that would be allocated to the Product Processing activity cost pool. Product Processing Activity Cost Pool Indirect factory wages Factory equipment depreciation Required B > < Required A Next
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