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Inskeep Draperies Makes Custom Draperies for Homes and Businesses

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Inskeep Draperies makes custom draperies for homes and businesses.The company uses an activity-based costing system for its overhead costs.The company has provided the following data concerning its annual overhead costs and its activity cost pools. Inskeep Draperies makes custom draperies for homes and businesses.The company uses an activity-based costing system for its overhead costs.The company has provided the following data concerning its annual overhead costs and its activity cost pools. The Other activity cost pool consists of the costs of idle capacity and organization-sustaining costs. The amount of activity for the year is as follows: Required: a.Prepare the first-stage allocation of overhead costs to the activity cost pools by filling in the table below: b.Compute the activity rates (i.e. ,cost per unit of activity)for the Making Drapes and Job Support activity cost pools by filling in the table below: c.Prepare an action analysis report in good form of a job that involves making 70 yards of drapes and has direct materials and direct labor cost of $1,870.The sales revenue from this job is $3,700. For purposes of this action analysis report,direct materials and direct labor should be classified as a Green cost;production overhead as a Red cost;and office expense as a Yellow cost. Inskeep Draperies makes custom draperies for homes and businesses.The company uses an activity-based costing system for its overhead costs.The company has provided the following data concerning its annual overhead costs and its activity cost pools. The Other activity cost pool consists of the costs of idle capacity and organization-sustaining costs. The amount of activity for the year is as follows: Required: a.Prepare the first-stage allocation of overhead costs to the activity cost pools by filling in the table below: b.Compute the activity rates (i.e. ,cost per unit of activity)for the Making Drapes and Job Support activity cost pools by filling in the table below: c.Prepare an action analysis report in good form of a job that involves making 70 yards of drapes and has direct materials and direct labor cost of $1,870.The sales revenue from this job is $3,700. For purposes of this action analysis report,direct materials and direct labor should be classified as a Green cost;production overhead as a Red cost;and office expense as a Yellow cost. The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs.
The amount of activity for the year is as follows: Inskeep Draperies makes custom draperies for homes and businesses.The company uses an activity-based costing system for its overhead costs.The company has provided the following data concerning its annual overhead costs and its activity cost pools. The Other activity cost pool consists of the costs of idle capacity and organization-sustaining costs. The amount of activity for the year is as follows: Required: a.Prepare the first-stage allocation of overhead costs to the activity cost pools by filling in the table below: b.Compute the activity rates (i.e. ,cost per unit of activity)for the Making Drapes and Job Support activity cost pools by filling in the table below: c.Prepare an action analysis report in good form of a job that involves making 70 yards of drapes and has direct materials and direct labor cost of $1,870.The sales revenue from this job is $3,700. For purposes of this action analysis report,direct materials and direct labor should be classified as a Green cost;production overhead as a Red cost;and office expense as a Yellow cost. Required:
a.Prepare the first-stage allocation of overhead costs to the activity cost pools by filling in the table below: Inskeep Draperies makes custom draperies for homes and businesses.The company uses an activity-based costing system for its overhead costs.The company has provided the following data concerning its annual overhead costs and its activity cost pools. The Other activity cost pool consists of the costs of idle capacity and organization-sustaining costs. The amount of activity for the year is as follows: Required: a.Prepare the first-stage allocation of overhead costs to the activity cost pools by filling in the table below: b.Compute the activity rates (i.e. ,cost per unit of activity)for the Making Drapes and Job Support activity cost pools by filling in the table below: c.Prepare an action analysis report in good form of a job that involves making 70 yards of drapes and has direct materials and direct labor cost of $1,870.The sales revenue from this job is $3,700. For purposes of this action analysis report,direct materials and direct labor should be classified as a Green cost;production overhead as a Red cost;and office expense as a Yellow cost. b.Compute the activity rates (i.e. ,cost per unit of activity)for the Making Drapes and Job Support activity cost pools by filling in the table below: Inskeep Draperies makes custom draperies for homes and businesses.The company uses an activity-based costing system for its overhead costs.The company has provided the following data concerning its annual overhead costs and its activity cost pools. The Other activity cost pool consists of the costs of idle capacity and organization-sustaining costs. The amount of activity for the year is as follows: Required: a.Prepare the first-stage allocation of overhead costs to the activity cost pools by filling in the table below: b.Compute the activity rates (i.e. ,cost per unit of activity)for the Making Drapes and Job Support activity cost pools by filling in the table below: c.Prepare an action analysis report in good form of a job that involves making 70 yards of drapes and has direct materials and direct labor cost of $1,870.The sales revenue from this job is $3,700. For purposes of this action analysis report,direct materials and direct labor should be classified as a Green cost;production overhead as a Red cost;and office expense as a Yellow cost. c.Prepare an action analysis report in good form of a job that involves making 70 yards of drapes and has direct materials and direct labor cost of $1,870.The sales revenue from this job is $3,700.
For purposes of this action analysis report,direct materials and direct labor should be classified as a Green cost;production overhead as a Red cost;and office expense as a Yellow cost.

Definitions:

Month

A unit of time, used in calendars, that is approximately based on the natural period related to the motion of the Moon; around 30 days.

Computer Course

An educational program designed to teach students about computers, including their operation, software applications, and programming languages.

Registration

The act of enrolling or signing up for services, classes, or activities, often requiring the submission of personal information.

Cookies

Small, sweet baked treats, often containing ingredients like chocolate chips, nuts, or raisins, and popular in many cultures around the world.

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