Figge and Mathews PLC, a consulting firm, uses an activity-based costing in which there are...
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Figge and Mathews 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 Total $470,000 170,000 230,000 $870,000 Distribution of resource consumption: Activity Cost Pools Wages and salaries Travel expenses Other expenses Working on Engagements 40% 45% 15% Business Development 25% 45% 45% Other 35% 10% 40% Total 100% 100% 100% Required: a. How much cost, in total, would be allocated to the Working On Engagements activity cost pool? b. How much cost, in total, would be allocated to the Business Development activity cost pool? c. How much cost, in total, would be allocated to the other activity cost pool? Activity Cost Pool Total Cost a. Working On Engagements Business Development Other b. c
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