XYZ Co. uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity-based costing system: Costs: Wages and salaries $ 160,000 Depreciation 320,000 Utilities 240,000 Total $ 720,000 Distribution of resource consumption: Activity Cost Pools Assembly Setting Up Other Total Wages and salaries 50% 40% 10% 100% Depreciation 10% 55% 35% 100% Utilities 15% 50% 35% 100% How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool? O a. $212,000 O b. $148,000 O c. $360,000 O d. $376,000 O e. None of the given answer is correct.

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
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Problem 4P: Using the data in P4-2 and Microsoft Excel: 1. Separate the variable and fixed elements. 2....
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XYZ Co. uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning
its costs and its activity-based costing system:
Costs:
Wages and salaries
$160,000
Depreciation
320,000
Utilities
240,000
Total
$ 720,000
Distribution of resource consumption:
Activity Cost Pools
Assembly
Setting Up
Other
Total
Wages and salaries
50%
40%
10%
100%
Depreciation
10%
55%
35%
100%
Utilities
15%
50%
35%
100%
How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool?
a. $212,000
O b. $148,000
O c. $360,000
O d. $376,000
O e. None of the given answer is correct.
Transcribed Image Text:XYZ Co. uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity-based costing system: Costs: Wages and salaries $160,000 Depreciation 320,000 Utilities 240,000 Total $ 720,000 Distribution of resource consumption: Activity Cost Pools Assembly Setting Up Other Total Wages and salaries 50% 40% 10% 100% Depreciation 10% 55% 35% 100% Utilities 15% 50% 35% 100% How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool? a. $212,000 O b. $148,000 O c. $360,000 O d. $376,000 O e. None of the given answer is correct.
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