Acitvity Based Costing Self quiz problem
Your wellness clinic wants to develop a product cost for the following activities using labor expense and supply expense to assign direct cost and visit minutes as a cost driver to assign in direct costs. project total costs for your wellness clinic are $600,000 ($300,000 direct and $300,000 indirect). Assign costs to each activity using the following information.
Acitvity: Projected Volumes Labor Expense Supply Expense Visit Minutes
Evaluation: 4000 30 10 60
Education: 3000 50 20 40
Excercise: 2000 05 00 90