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Computing ABC allocation rates
Refer to Short Exercise 18-7. The president of Pacific suspects that her allocation of indirect costs could be giving misleading results, so she decides to develop an ABC system. She identifies three activities: documentation preparation, information technology support, and training. She figures that documentation costs are driven by the number of pages, information technology support costs are driven by the number of software applications used, and training costs are driven by the number of direct labor hours worked. Estimates of the costs and quantities of the allocation bases follow:
Activity
Estimated Cost
Allocation Base
Estimated Quantity of Allocation Base
Documentation preparation
$ 102,000
Pages
3,000 pages
Information technology support
156,000
Applications used
780 applications
Training
517,000
Direct labor hours
4,700 hours
Total indirect costs
$ 775,000
Requirement
1. Compute the cost allocation rate for each activity.
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