Baldwin CPA Firm performs two types of services, Audit and Tax. The company's overhead costs...

60.1K

Verified Solution

Question

Accounting

Baldwin CPA Firm performs two types of services, Audit and Tax. The company's overhead costs consist of computer support, $44,200; and legal support, $44,000. Information on the two services is:

Audit Tax Total
Direct labor cost $104,000 $46,000 $150,000
CPU minutes 18,000 32,000 50,000
Legal hours used 670 330 1,000

The company performs tax services for Katie Lynn. Direct labor cost is $3,600; 260 CPU minutes were used; and 9 legal hours were used. What is the total cost of the Lynn job using activity-based costing?

$3,122

$4,226

$626

$8,659

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students