Reference no: EM132500340
Naddy Tax Services Ltd. prepares tax returns for corporations and individuals. Having identified its activity cost pools and the cost drivers for each pool, Naddy accumulated the following data relative to those activity cost pools and cost drivers.
Activity Cost Pool Cost Driver Estimated Overhead Estimated Use Corporate Individual of Cost Driver
Secretarial support Direct hours $215,930 14,300 12,000 2,300
Printing and photocopying Number of pages 25,000 25,000 18,800 6,200
Computer support CPU minutes 95,850 21,300 10,000 11,300
Recruiting and training Professional direct hours 147,620 24,200 15,300 8,900
Question 1: Calculate the overhead rates. (Round answers to 2 decimal places, e.g. 15.25.)
Secretarial support ???$ per hour
Printing and photocopying ???$ per page
Computer support ???$ per minute
Recruiting and training ???$ per hour
Question 2: Assign the overhead costs to corporate and individual tax preparation divisions. (Round answers to 0 decimal places, e.g. 125.)
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