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ACCT434

ACCT 434 WEEK 4 MIDTERM EXAM – DEVRY

ACCT 434 WEEK 4 MIDTERM EXAM – DEVRY



1.Question : (TCO1) ABC systems create

2.Question : (TCO 1) Merriamn Company provides the following ABC costing information:

Activities

Total Costs

Activity-cost drivers

Account inquiry hours

$400,000

10,000 hours

Account billing lines

$280,000

4,000,000 lines

Account verification accounts

$150,000

40,000 accounts

Correspondence letters

$ 50,000

4,000 letters

Total costs

$880,000

The above activities are used by Department A and B as follows:

Department A

Department B

Account inquiry hours

2,000 hours

4,000 hours

Account billing lines

400,000 lines

200,000 lines

Account verification ACCT 434 Week 4 Midterm Exam - DeVry accounts

10,000 accounts

8,000 accounts

Correspondence letters

1,000 letters

1,600 letters

How much of the account billing cost will be assigned to Department B?



3. Question : (TCO 2) A master budget



4.Question : (TCO 2) Dalyrymple Company here produces a special spray nozzle. The budgeted indirect total cost of inserting here the spray nozzle is $80,000. The budgeted number of nozzles to be inserted is 40,000. What is the budgeted indirect cost allocation rate for this activity?

Tags: ACCT 434, ACCT 434 Midterm Exam, ACCT 434 Week 4 Midterm Exam - DeVry, ACCT434, ACCT434 Midterm Exam, ACCT434 Week 4 Midterm Exam - DeVry

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