Reference no: EM131026426
Price Bus Lines provides school bus service to two school districts: East and West.
Price has one support centre that is responsible for service, maintenance, and cleanup of its buses. The costs of the support centre are allocated to each district on the basis of total kilometers driven.
During the first month of the year, the support centre was expected to spend a total of $100,000. Of this total, $25,000 was viewed as being fixed.
During the month, the support centre incurred actual variable costs of $105,000 and actual fixed costs of $20,000.
The normal and actual kilometers logged by each district are given below:
East West
Normal activity 170,000 80,000
Actual activity 175,000 90,000
a. Compute the predetermined service cost per kilometer driven.
b. Compute the costs that would be allocated at the end of the month to each district for purposes of performance evaluation. Hint: calculate and apply the budgeted variable cost/kilometer.
c. Determine the costs of the support centre that were not allocated to the two districts. Why were these costs not allocated to the districts?
Which formulas would I use to complete all of the above questions?
|
The future value of something
: How do you have the future value of something? In terms of time value of money.
|
|
Expected to decrease during the winter months
: The density of ship traffic was expected to decrease during the winter months. A sample of n = 90 daily recordings of ship sightings for December, January, and February yielded a mean and variance of Y = 4.7 and s2 = 4.9. Find a 90% confidence interv..
|
|
A future amount to a present value
: What is the interest rate used in reducing a future amount to a present value?
|
|
Write about a psychological disorder that interests you
: Write about a psychological disorder that interests you. If you already wrote a paper on a disorder you must write about a different one.
|
|
Price bus lines provides school bus service
: Price Bus Lines provides school bus service to two school districts: East and West.Price has one support centre that is responsible for service, maintenance, and cleanup of its buses. The costs of the support centre are allocated to each district on ..
|
|
Which function of management involves filling
: Which function of management involves filling, and keeping filled, the positions in the organization structure?
|
|
\wyatt and jarrod mcdonald
: Read the article on pages 76-79 by Kim Wyatt and Jarrod McDonald, 'Who really wins from an off-market share buyback?' (In the Black, October 2004, pp. 54-7).
|
|
Select an asset misappropriation scheme and discuss
: Include the definition of the scheme and a summary of real world example of a company or individuals who used this scheme. Include the article or website of your example in your post.
|
|
What is a rights issue
: What is a rights issue? Distinguish between a renounceable and a non-renounceable rights issue. How would a company account for such issues?
|