1. Findt & Thompson PLC, a consulting firm, uses an activity-based costing in which there...
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1. Findt & Thompson PLC, a consulting firm, uses an activity-based costing in which there are three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system: Costs: Wages and salaries.. Travel expenses.. Other expenses $480,000 200,000 160,000 $840,000 Total Distribution of resource consumption: Activity Cost Pools Business Working On Engagements 60% Development 10% Other Total Wages and salaries... Travel expenses.. Other expenses. 30% 100% 55% 35% 10% 100% 20% 40% 40% 100% Required: a. How much cost, in total, would be allocated to the Working On Engagements activity cost pool? (5 points) b. How much cost, in total, would be allocated to the Business Development activity cost pool? (5 points)
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