tion of costs to the activity cost pools. Removing asbestos Estimating and Job Setup Working on Nonroutine Jobs Other Total < Reg 1 Req 2 >

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter2: Job Order Costing
Section: Chapter Questions
Problem 1PB: Entries for costs in a job order cost system Royal Technology Company uses a job order cost system....
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Req 1
Req 2
Req 3A to 3с
Perform the first-stage allocation of costs to the activity cost pools.
Removing
asbestos
Estimating and
Job Setup
Working on
Nonroutine
Jobs
Other
Total
Вook
Wages and salaries
Disposal fees
Equipment depreciation
On-site supplies
Office expenses
Licensing and insurance
Total cost
Req 1
Req 2 >
Mc
Graw
Hill
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Transcribed Image Text:Req 1 Req 2 Req 3A to 3с Perform the first-stage allocation of costs to the activity cost pools. Removing asbestos Estimating and Job Setup Working on Nonroutine Jobs Other Total Вook Wages and salaries Disposal fees Equipment depreciation On-site supplies Office expenses Licensing and insurance Total cost Req 1 Req 2 > Mc Graw Hill Prev 1 of 1 Next> ............ .............
Note: The 100 nonroutine jobs are included in the total of 500 jobs. Both nonroutine jobs and routine jobs require estimating and
setup.
Costs for the Year
Wages and salaries
Disposal fees
Equipment depreciation
On-site supplies
Office expenses
Licensing and insurance
$ 414,000
808,000
94,000
61,000
310,000
510,000
$ 2,197,000
Total cost
Distribution of Resource Consumption Across Activities
Estimating
Removing and Job
Setup
10%
TTT11
Working on
Nonroutine
Total
Jobs
30%
Asbestos
Other
Wages and salaries
Disposal fees
Equipment depreciation
On-site supplies
Office expenses
Licensing and insurance
50%
10%
100%
70%
0%
30%
0%
100%
50%
10%
15%
25%
100%
70%
20%
10%
0%
100%
10%
35%
25%
30%
100%
25%
0%
60%
15%
100%
Required:
1. Perform the first-stage allocation of costs to the activity cost pools.
Prev
1 of 1
Next
Transcribed Image Text:Note: The 100 nonroutine jobs are included in the total of 500 jobs. Both nonroutine jobs and routine jobs require estimating and setup. Costs for the Year Wages and salaries Disposal fees Equipment depreciation On-site supplies Office expenses Licensing and insurance $ 414,000 808,000 94,000 61,000 310,000 510,000 $ 2,197,000 Total cost Distribution of Resource Consumption Across Activities Estimating Removing and Job Setup 10% TTT11 Working on Nonroutine Total Jobs 30% Asbestos Other Wages and salaries Disposal fees Equipment depreciation On-site supplies Office expenses Licensing and insurance 50% 10% 100% 70% 0% 30% 0% 100% 50% 10% 15% 25% 100% 70% 20% 10% 0% 100% 10% 35% 25% 30% 100% 25% 0% 60% 15% 100% Required: 1. Perform the first-stage allocation of costs to the activity cost pools. Prev 1 of 1 Next
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