Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. need help answering this question ...

Need help answering this question ...

80.2K

Verified Solution

Question

Accounting

Need help answering this question image
image
image
image
image
image
Gallatin Carpet Cleaning is a small, familyowned business operating out of Bozeman, Montana. For its services, the company has always charged a flat fee per hundred square feet of carpet cleaned. The current fee is $22.65 per hundred square feet. However, there is some question about whether the company is actually making any money on jobs for some customers-particularly those located on remote ranches that require considerable travel time. The owner's daughter, home for the summer from college, has suggested investigating this question using activity-based costing. After some discussion, she designed a simple system consisting of four activity cost pools. The activity cost pools and their activity measures appear below: or Activity Measure Square feet cleaned (003) Miles driven Number of jobs Activity Cost Pool hundred square Cleaning carpets Travel to jobs Job support Other (organization-sustaining costs and 7,000 feet 1, 900 jobs Not applicable 147,500 miles idle capacity costs) following costs: Wages $142,000 30,000 Cleaning equipment depreciation Vehicle expenses Office expenses President' s compensation Total cost 11,000 26,000 64,000 83,000 $356,000

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

Q

please answer all 4 questions. I need brief and correct answers. thank you in advance. 1. Why is...

Chemistry
Q

Two point charges A q m and B 2q m are placed at rest at...

Physics
Q

A position dependent force F acting on a particle and its force position curve is...

Physics
Q

A person who believes that they are primarily responsible for the outcomes in their life...

Basic Math
Q

2 A manufacturer consistently ships 100 units each week to clients and wants to claim...

Statistics
Q

Find the slope of the tangent line to the curve 2x 4xy 4y 56 at...

Calculus
Q

3 Explain how to find the value of sin 4200 using the unit circle

Calculus
Q

Cashier salaries, rental of store fixtures, depreciation of storeroom building are examples of what type...

Accounting
Q

A company's flexible budget for 12,000 units of production showed sales, 48,000;variable costs, 18,000; and...

Accounting
Q

34 BE14-3 Assume the bonds in BE14-2 were issued at 108.11 to yield 8%. Prepare...

Accounting
Q

A management accountant performs a linear regression of maintenance cost vs. production using a computer...

Accounting
Q

(b) M/s. Sky products Ltd., of Mumbai, an exporter of sea foods has submitted O...

Finance