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Author Question: How much of the labor cost will be assigned to the Bush Department? Teecorp Company provides the ... (Read 80 times)

ssal

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How much of the labor cost will be assigned to the Bush Department?
 
  Teecorp Company provides the following ABC costing information:
 
  Activities Total Costs Activity-cost drivers
  Labor 320,000 8,000 hours
  Gas 36,000 6,000 gallons
  Invoices 40,000 2,500 invoices
   Total costs 396,000
 
  The above activities used by their three departments are:
 
   Lawn Department Bush Department Plowing Department
  Labor 2,500 hours 1,200 hours 4,300 hours
  Gas 1,700 gallons 800 gallons 3,500 gallons
  Invoices 1,600 invoices 400 invoices 500 invoices
 
  A) 42,000
  B) 48,000
  C) 40,000
  D) 50,000

Question 2

Adjusting entries affect only expense and asset accounts.
 a. True
  b. False
 
   Indicate whether the statement is true or false



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cupcake16

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Answer to Question 1

Answer: B

Answer to Question 2

False





 

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