Please do not give image format and solve both question IC Co is a shop that sells ice-creams and cakes. The following information relates to the year 20X6:Ice-creams($)120,000150,000Cakes($)60,00090,000$Budgeted revenueActual revenueTotal($)180,000240,000The budgeted staff cost for 20X6 was $36,000. 15% of staff cost varies with sales value.What is the flexed budget for staff cost of IC Co for the year 20X6 (to the nearest $)? Hike Co manufactures and sells two types of tents, small and large. It operates an activity-based costing system to calculate the cost per unit of each product.The following information relates to Quarter 1:Small80,0001,6002O $2.50O $3.00Large60,0002,0003Units producedBatch sizeSet-ups required per batchHike Co incurred set-up costs of $380,000 in Quarter 1.What is the set-up cost per small tent in Quarter 1?O $2.71O $2.97

Activity-Based Costing (ABC) is a costing method used by businesses to allocate indirect costs to…

IC Co is a shop that sells ice-creams and cakes. The following information relates to the year 20X6: Budgeted revenue Actual revenue Ice-creams ($) 120,000 150,000 Cakes ($) 60,000 90,000 Total ($) 180,000 240,000 The budgeted staff cost for 20X6 was $36,000. 15% of staff cost varies with sales value. What is the flexed budget for staff cost of IC Co for the year 20X6 (to the nearest $)? =[

IC Co is a shop that sells ice-creams and cakes. The following information relates to the year 20X6: Budgeted revenue Actual revenue Ice-creams ($) 120,000 150,000 Cakes ($) 60,000 90,000 Total ($) 180,000 240,000 The budgeted staff cost for 20X6 was $36,000. 15% of staff cost varies with sales value. What is the flexed budget for staff cost of IC Co for the year 20X6 (to the nearest $)? =[

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 13PB: Artic Camping Gears currently sells 35,000 units at $73 per unit. Its expenses are as follows:...

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