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Gant Accounting Performs Two Types of Services, Audit and Tax

question 77

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Gant Accounting performs two types of services, Audit and Tax. Gant's overhead costs consist of computer support, $300,000; and legal support, $150,000. Information on the two services is:  Audit  Tax  Direct labor cost $50,000$100,000 CPU minutes 40,00010,000 Leqal hours used 200800\begin{array}{lrr}&\text { Audit }& \text { Tax }\\\text { Direct labor cost } & \$ 50,000 & \$ 100,000 \\\text { CPU minutes } & 40,000 & 10,000 \\\text { Leqal hours used } & 200 & 800\end{array} Overhead applied to tax services using traditional costing is


Definitions:

Sizing Handle

A graphic tool in user interfaces that allows users to manually adjust the size of an element.

Macro Dialog Box

A user interface element that prompts users to input or confirm information when executing a macro, which is a set of automated commands in software applications.

Workbook

A file containing one or more spreadsheets, used in programs like Microsoft Excel for organizing data.

Macros

Automated sequences of computer commands or scripts designed to simplify repetitive tasks within software applications.

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