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Prepare the first-stage allocation of costs to the activity cost pools. Compute

ID: 2486764 • Letter: P

Question

Prepare the first-stage allocation of costs to the activity cost pools. Compute the activity rates for the activity cost pools. (Round your answers to 2 decimal places.) The company recently completed a 6 hundred square foot carpet-cleaning job at the Flying N ranch-a 54.00-mile round-trip journey from the company's offices in Bozeman. Compute the cost of this job using the activity-based costing system. (Round your intermediate and final answers to 2 decimal places.) The revenue from the Flying N ranch was $133.50 (6 hundred square feet at $22.25 per hundred square feet). Prepare a report showing the margin from this job. (Round your intermediate calculations and final answers to 2 decimal places.)

Explanation / Answer

Cleaning Job 1 Carpets travel to Jobs Support Others Total Wages          105,640          19,460         13,900     139,000 Cleaning Supplies            31,000       31,000 Cleaning Equipment Depriciation            11,200           4,800       16,000 Vehicle Expenses          28,560           5,440       34,000 Office Expenses     35,960         22,040       58,000 presedent Compensation     20,250         60,750       81,000 Total Cost          147,840          48,020     56,210       106,930     359,000 Activity rate 2 Activity Cost pool Activity rate Cleaning Carpets (147840/14000) 10.56 Per Hundred Square feet Travel to Job (48020/136500)              0.352 per mile Job Support (56210/1600) 35.13 per job 3 Cleaning carpets 6336 travel to job              37.99 Job Support 35.13 Cost of Job              6,409