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Assign the cost of labor to each of the three activities

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McCourt Company produces small engines for lawnmower producers. The accounts payable department at McCourt has 10 clerks who process and pay supplier invoices. The total cost of their salaries is $550,000. The work distribution for the activities that they perform is as follows:

Activity                                            Percentage of Time on Each Activity

Comparing source documents            10 %

Resolving discrepancies                   45 %

Processing payment                        45 %

Required:

Question 1: Assign the cost of labor to each of the three activities in the accounts payable department. Round your answers to the nearest dollar.

Reference no: EM132516203

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