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locating Seling and Adminiatrative Expenses using Activity-Based Costing Shrute

ID: 2535931 • Letter: L

Question

locating Seling and Adminiatrative Expenses using Activity-Based Costing Shrute tnc. manufactures office copiers, which ?re 5old to re?1er. The price and cost of goods 5old for esch copier re ? follows: 5670 per unit Coat of god seld Greas profit In addition he co Pan 'neur $270 per unit lin and adminiatrwbve expana at $220 290. The co pany wah#8 o 888 gn these caw a tx t re na or retail cuatamer , The warehouse, Karna and Supp V Universe Thes' expensex ar- .stec o re. m. or namnanu st uring Budgeted Activity Cost Activity lase Number of sales orders Sales order procczsing Advertiaing support Number of ads placed Total actvty cost Actvity-base usoge and unit volume Informaton for the three customers la as followa Supply Universw Number of ads placed 80 630 1. Determine the activity rates for ?.ch of ths tr ? nonmanufacturing activities. Round to tha rearest whola dollar. per bid per cuztomer design changc Adverising Support 2. Determine the sctity costs ?1ormed to the three customary, using the activity rates in (1). Activity Costs uppy Univere Customer Profitability Report Cont of goods sol Grew prof Seling and adminitrative activbesi Sales onder procesing Adverticing support Income (loss) from operations

Explanation / Answer

Shrute Inc.

1 The warehouse Kosmo Co. Supply Universe Total Budgeted Activity Cost Activity Rate A B C = B/A Number of service requests 70 10 230 310 $     43,090 $     139.00 per service requests Number of sales orders 240 100 510 850 $     22,100 $        26.00 per sls. Order Number of ads placed 20 10 80 110 $   155,100 $ 1,410.00 per ad 2 The Warehouse: customer service 70 x 139 = $      9,730.00 sales order processing 240 x 26 = $      6,240.00 advertising support 20 x 1410 = $    28,200.00 $    44,170.00 Kosmo Co. customer service 10 x 139 = $      1,390.00 sales order processing 100 x 26 = $      2,600.00 advertising support 10 x 1410 = $    14,100.00 $    18,090.00 Supply Universe customer service 230 x 139 = $    31,970.00 sales order processing 510 x 26 = $    13,260.00 advertising support 80 x 1410 = $ 112,800.00 $ 158,030.00 3

Shrute Inc.

Customer Profitability Report For the Year Ended December 31 The Warehouse Kosmo Co. Supply Universe Revenues $             375,200 $        375,200 $              375,200 Less cost of goods sold                  224,000            224,000                   224,000 Gross profit                  151,200            151,200                   151,200 Less selling and administrative activities: Customer service cost                      9,730                 1,390                     31,970 Sales order processing cost                      6,240                 2,600                     13,260 Advertising support cost                    28,200              14,100                   112,800 Total selling and administrative activities                    44,170              18,090                   158,030 Income from operations $             107,030 $        133,110 $                 (6,830)