Assigning Costs to Activities, Resource Drivers The Receiving Department has three activities: unloading, counting goods, and inspecting. Unloading uses a forklift that is leased for $18,000 per year. The forklift is used only for unloading. The fuel for the forklift is $4,100 per year. Other operating costs (maintenance) for the forklift total $3,500 per year. Inspection uses some special testing equipment that has depreciation of $3,000 per year and an operating cost of $2,000. Receiving has three employees who have an average salary of $50,000 per year. The work distribution matrix for the receiving personnel is as follows: Activity Percentage of Time on Each Activity Unloading 40% Counting 25% Inspecting 35% No other resources are used for these activities. Required: 1. Calculate the cost of each activity. Unloading $ Counting $ Inspecting $ 2. Explain the two methods used to assign costs to activities. When the resource is used only by one activity, then is possible. When the activities are shared, as in the case of labor, then must be used.
Answers: 1
Business, 22.06.2019 17:00
Oliver is the vice president of production at his company and has been managing the launch of new software systems. he worked with a team of individuals who were tasked to create awareness about a specific product and also to approach potential purchasers of the product. which department managers were part of oliver’s team?
Answers: 3
Business, 23.06.2019 11:00
Which of the following makes a true statement about the relationship between government and financial institutions? government and financial institutions do not interact with each other. financial institutions like the u.s. treasury must approve increases in the government deficit. government can pass laws to limit what financial institutions can charge in interest and fees. financial institutions like local banks must approve interest rates set by the federal reserve.
Answers: 2
Business, 23.06.2019 12:40
What is the market equilibrium rental price per month and the market equilibrium number of apartments demanded and supplied? market equilibrium rental price $ per month
Answers: 1
Assigning Costs to Activities, Resource Drivers The Receiving Department has three activities: unloa...
Mathematics, 04.09.2020 21:01
Computers and Technology, 04.09.2020 21:01
Mathematics, 04.09.2020 21:01
Business, 04.09.2020 21:01
English, 04.09.2020 21:01
World Languages, 04.09.2020 21:01
Mathematics, 04.09.2020 21:01
English, 04.09.2020 21:01