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Author Question: The cost of the personnel department at the Speedy Process Company has always been charged to the ... (Read 42 times)

vicotolentino

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on: Mar 6, 2021

Question 1

June Lockett, controller, gathered data on overhead costs and direct labor-hours over the past 12 months. List and discuss the different approaches June can use to estimate a cost function for overhead costs using direct labor-hours as the cost driver.

Question 2

The cost of the personnel department at the Speedy Process Company has always been charged to the production departments based upon number of employees. Recently, opinions gathered from the department managers indicated that the number of new hires might also be a predictor of personnel costs to be assigned. Total personnel department costs are $200.000.

DepartmentDepartmentDepartment
Cost DriverABC
Number of employees39032565
The number of new hires304025

Required:
Using the above data, prepare a report that contrasts the different amounts of personnel department cost that would be allocated to each of the production departments if the cost driver used is:
a.number of employees.
b.the number of new hires.
c.Which cost estimation method is being used by Speedy Company? 
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by vicotolentino on Mar 6, 2021

dlook33

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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vicotolentino

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Reply 2 on: Mar 6, 2021
Excellent

smrtceo

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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