How much of the inquiry cost will be assigned to department

Assignment Help Accounting Basics
Reference no: EM131806301

Merriamn Company provides the following ABC costing information:

Activities Total Costs Activity-cost drivers
Account inquiry hours $400,000 10,000 hours
Account billing lines $280,000 4,000,000 lines
Account verification accounts $150,000 40,000 accounts
Correspondence letters $ 50,000 4,000 letters
Total costs $880,000  

The above activities are used by Department A and B as follows:

  Department A Department B
Account inquiry hours 2,000 hours 4,000 hours
Account billing lines 400,000 lines 200,000 lines
Account verification accounts 10,000 accounts 8,000 accounts
Correspondence letters 1,000 letters 1,600 letters

How much of the inquiry cost will be assigned to Department A?

Reference no: EM131806301

Questions Cloud

Important part of a strategic plan : Strategic execution is the most important part of a strategic plan. A firm can have the best plan but if they can't execute then the plan is worthless.
Prepare entries to record the sale and leaseback of building : Central Purchasing Limited owns the building it uses; it had an original cost of $825,000, Prepare entries to record the sale and leaseback of the building
Identify different segments within that target group : Choose a brand and Define its Target Group in one of your team member's country.Identify different segments within that Target Group.
Brain writing leading to potentially better decision making : in the Assignment and the Discussion concerning imagery and brain writing leading to potentially better decision making.
How much of the inquiry cost will be assigned to department : Merriamn Company provides the following ABC costing information, How much of the inquiry cost will be assigned to Department A
What technology do you use within your business : Interview a SMALL BUSINESS OWNER. Examples: owner of a restaurant, bakery, any small business etc.
Discuss rent the motor-assembly space : Determine whether Mountain Air should continue to make the electric motor or outsource it from Mini Motor Company
Determine the selling price per unit : Jay Manufacuring's sales slumped badly in 2011 due to so many people purchasing gifts online. Determine the selling price per unit
What is the inverse demand for wind powered turbines : The inverse demand for wind powered turbines (that produce electricity from the? wind) is P? = 23 - 0.2Q. The supply of wind powered turbines is P = 5 + 0.8Q.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd