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Recently, the human resources department at your company implemented a new HRIS system and activity based costing. The HRIS system provides departmental reports to departments upon request. The following are the estimated costs to be incurred in running the new HRIS system in the context of the activity based costing system:
Preparing departmental Handling employee records Adding an employee's family to the company benefits plan
information reports
Total cost $54,000 $117,450 $171,000
Activity measure 240 reports 9,000 employees 4,000 families
Required:
Problem 1. Calculate the activity rates for activity cost pool.
Problem 2. Calculate the predetermined overhead rate if the cost driver/activity measure is number of employees.
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