Question

Identify a cost driver for office equipment (computer, printer, cartridge, paper, etc.) of an overhead activity...

Identify a cost driver for office equipment (computer, printer, cartridge, paper, etc.) of an overhead activity for a homeless shelter.

Homework Answers

Answer #1

The most appropriate or relevant cost driver for office equipment (computer, printer, cartridge, paper, etc) of an overhead activity for a homeless shelter can be NUMBER OF PROJECTS OR NUMBER OF MACHINE HOURS.

Reason being, the overhead cost of office equipments can be allocated based on number of projects as equipments are used for accomplishing different projects or it can be allocated based on machine hours, as these equipments are also a machinary. Though, any other cost driver can be used based on the circumstance.

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
Applying overhead using activity based costing for the following 2 models of boats Cost Driver                          &nbsp
Applying overhead using activity based costing for the following 2 models of boats Cost Driver                                   Annual Cost          Total Activity Production order set-up                  $147,600               4,800 set-ups Raw Material ordering                   $216,800                8,000 items ordered Product cleaning                          $1,680,200                   775 inspection approvals Equipment usage                          $948,500              12,500 machine hours Cost Driver                                    Activity Required                  Activity Required                                                       Viking-star  (117 units)           Lion-star (86 units) Production order set-up                  1,084 set-ups                     976 set-ups Raw Material ordering                    2,050 items ordered            3,690 items ordered Product cleaning                             201 inspec. app                 41 inspec. app Equipment usage                           1,025 machine...
ACTIVITY FLEXIBLE BUDGET Cohlmia Company provided information on the following four overhead activities. Activity                       Driver F
ACTIVITY FLEXIBLE BUDGET Cohlmia Company provided information on the following four overhead activities. Activity                       Driver Fixed              Cost                Variable Rate Maintenance            Machine hours         $40,000          $ 2.50 Machining                 Machine hours         25,000             3.00 Setting up                  Setups                            -                 2,250 Purchasing               Purchase orders       75,000             6.00 Cohlmia has found that the following driver levels are associated with two different levels of production. Driver                                     40,000 units              60,000 units Machine hours                     60,000                        90,000 Setups                                          50                               70 Purchase orders                   10,000                        16,000 Required: Prepare...
Identify some common activity cost drivers that might be used to state a volume of activity...
Identify some common activity cost drivers that might be used to state a volume of activity in a manufacturing company. What general criterion might be used in choosing a cost driver?
Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable...
Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Total Cost of Pool Cost Driver Estimated Cost Driver Machining $ 380,120 Number of machine hours 88,400 Designing costs 86,400 Number of design hours 9,000 Setup costs 74,672 Number of batches 525 Suppose that Gable Company manufactures three products, A, B, and C. Information about these products follows: Product A Product B Product C Number of machine hours 34,000...
Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable...
Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Total Cost of Pool Cost Driver Estimated Cost Driver Machining $ 380,120 Number of machine hours 88,400 Designing costs 86,400 Number of design hours 9,000 Setup costs 74,672 Number of batches 525 Suppose that Gable Company manufactures three products, A, B, and C. Information about these products follows: Product A Product B Product C Number of machine hours 34,000...
Drilling Company uses activity-based costing and provides this information: Manufacturing Activity Cost Driver Driver Rate Materials...
Drilling Company uses activity-based costing and provides this information: Manufacturing Activity Cost Driver Driver Rate Materials handling Number of parts $ 0.3 Machinery Number of machine hours 56 Assembly Number of parts 3.10 Inspection Number of finished units 35 Drilling has just completed 85 units of a component for a customer. Each unit required 105 parts and 3.25 machine hours. The prime cost is $1,350 per finished unit. All other manufacturing costs are classified as manufacturing overhead. Required: 1. Compute...
Drilling Company uses activity-based costing and provides this information: Manufacturing Activity Cost Driver Driver Rate Materials...
Drilling Company uses activity-based costing and provides this information: Manufacturing Activity Cost Driver Driver Rate Materials handling Number of parts $ 0.60 Machinery Number of machine hours 51.00 Assembly Number of parts 2.85 Inspection Number of finished units 30.00 Drilling has just completed 80 units of a component for a customer. Each unit required 100 parts and 3 machine hours. The prime cost is $1,300 per finished unit. All other manufacturing costs are classified as manufacturing overhead. Required: 1. Compute...
Question 4 Applying overhead using activity based costing for the following 2 models of boats Cost...
Question 4 Applying overhead using activity based costing for the following 2 models of boats Cost Driver                                   Annual Cost          Total Activity Production order set-up                  $147,600               4,800 set-ups Raw Material ordering                   $216,800                8,000 items ordered Product cleaning                          $1,680,200                   775 inspection approvals Equipment usage                          $948,500              12,500 machine hours Cost Driver                                    Activity Required                  Activity Required                                                       Viking-star  (117 units)           Lion-star (86 units) Production order set-up                  1,084 set-ups                     976 set-ups Raw Material ordering                    2,050 items ordered            3,690 items ordered Product cleaning                             201 inspec. app                 41 inspec. app Equipment...
The Loore-Payne Medical Clinic will be purchasing a new computer network for the office. The equipment...
The Loore-Payne Medical Clinic will be purchasing a new computer network for the office. The equipment will cost $30000 to purchase and $20000 to install and check out. The equipment will last 9 years and is expected to have a salvage value of $1000 at that time. The equipment is depreciated using MACRS with a 5 year recovery period. Find the depreciation and book value each year for this equipment. Use Excel.
Shown below is activity for one of the products of Broken Bow Office Equipment: Units Cost/Unit...
Shown below is activity for one of the products of Broken Bow Office Equipment: Units Cost/Unit Total Cost January 1 balance 500 $55 $27,500 Purchases: 10-Jan 500 60 20-Jan 1,000 63 Sales: 12-Jan 800 28-Jan 750 Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming Broken Bow uses the FIFO inventory method. Use the Excel file template provided.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT