Question

Eccles Corporation uses an activity-based costing system with three activity cost pools. The company has provided...

Eccles 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 $ 312,000
Depreciation 256,000
Utilities 160,000
Total $ 728,000

Distribution of resource consumption:

Activity Cost Pools
Assembly Setting Up Other Total
Wages and salaries 40% 35% 25% 100%
Depreciation 20% 30% 50% 100%
Utilities 25% 60% 15% 100%

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

Homework Answers

Answer #1

Answer:

Total $216,000 would be allocated in the first-stage allocation to the Assembly activity cost pool

Explanation:

Assembly Clarification
Wages and salaries              124,800 ($312,000*40%)
Depreciation                51,200 ($256,000*20%)
Utilities                40,000 ($160,000*25%)
Total cost allocated at 1st statge             216,000
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Dideda Corporation uses an activity-based costing system with three activity cost pools. The company has provided...
Dideda 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: Manufacturing overhead $ 360,000 Selling and administrative expenses 240,000 Total $ 600,000 Distribution of resource consumption: Activity Cost Pools Assembly Setting Up Other Total Manufacturing overhead 25% 65% 10% 100% Selling and administrative expenses 60% 20% 20% 100% The "Other" activity cost pool consists of the costs of idle capacity and...
The following three activity cost pools are used by XYZ Company in it activity-based costing system:...
The following three activity cost pools are used by XYZ Company in it activity-based costing system: Activity Cost Pool Total Activity   Fabrication 50,000 machine-hours   Order processing 625 orders   Other N/A The Other activity cost pool is used to account for the costs of idle capacity and organization-sustaining costs. The company has provided the following data about its costs:   Wages and salaries $433,000     Depreciation 160,000     Occupancy 169,000     Total $762,000   The distribution of resource consumption across activity cost pools is given below:...
Groleau Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other....
Groleau Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other. The company's overhead costs, which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Costs in the Processing cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other...
Groleau Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other....
Groleau Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other. The company's overhead costs, which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Costs in the Processing cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other...
Hagy Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other....
Hagy Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other. The company's overhead costs, which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Data concerning the company's costs and activity-based costing system appear below: Factory utilities (total) $ 97,000 Indirect labor (total) $ 12,000 Distribution of Resource Consumption Across Activity Cost Pools Processing Setting Up Other Factory utilities 0.40...
Hagy Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other....
Hagy Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other. The company's overhead costs, which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Data concerning the company's costs and activity-based costing system appear below: Factory utilities (total) $ 104,000 Indirect labor (total) $ 8,000 Distribution of Resource Consumption Across Activity Cost Pools Processing Setting Up Other Factory utilities 0.10...
Vieth Corporation has an activity-based costing system with three activity cost pools-Processing, Setting Up, and Other....
Vieth Corporation has an activity-based costing system with three activity cost pools-Processing, Setting Up, and Other. The company's overhead costs, which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Costs in the Processing cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other...
Meester Corporation has an activity-based costing system with three activity cost pools--Machining, Order Filling, and Other....
Meester Corporation has an activity-based costing system with three activity cost pools--Machining, Order Filling, and Other. In the first stage allocations, costs in the two overhead accounts, equipment depreciation and supervisory expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Overhead costs: Equipment depreciation $ 83,100 Supervisory expense $ 2,300 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Order Filling Other Equipment depreciation 0.50 0.20...
Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and Other. The company's...
Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation (total) $ 29,400 Indirect labor (total) $ 7,380 Distribution of Resource Consumption Across Activity Cost Pools Machining Setting Up Other Equipment depreciation 0.30 0.20 0.50 Indirect labor 0.50 0.30 0.20 Costs in the Machining cost pool...
Moorman Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other....
Moorman Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other. The company's overhead costs consist of equipment depreciation and indirect labor and are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation totals $55,000 and indirect labor totals $6,000. Data concerning the distribution of resource consumption across activity cost pools appear below: Processing Setting Up Other Equipment depreciation 0.55 0.10 0.35 Indirect labor 0.20 0.10 0.70...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT