Homework Answers
| Calculation of Selling cost/cost Driver | |||||
| Cost Category | Amount | Cost Driver | Total Cost Driver | Cost/Cost Driver | |
| Sales Commissions | $8,29,500 | Boxes of yarn to retail stores | 237000 | $3.5 | |
| Catalogs | $3,13,000 | Catalogs distributed | 626000 | $0.5 | |
| Cost of Catalog Sales | $1,49,600 | Skeins sold through catalog | 187000 | $0.8 | |
| Credit and Collection | $79,200 | No. of retail orders | 7200 | $11.0 | |
| Computation of Selling cost for each order size | |||||
| Cost | Cost Driver | Small | Medium | Large | Total |
| Sales Commissions | Boxes of yarn to retail stores | 4000 | 51000 | 182000 | 237000 |
| $3.5 per box | $14,000 | $1,78,500 | $6,37,000 | $8,29,500 | |
| Catalogs | Catalogs distributed | 273050 | 230670 | 122280 | 626000 |
| $0.5 per Catalog | $1,36,525 | $1,15,335 | $61,140 | $3,13,000 | |
| Cost of Catalog Sales | Skeins sold through catalog | 83000 | 56000 | 48000 | 187000 |
| $0.8 per Skein | $66,400 | $44,800 | $38,400 | $1,49,600 | |
| Credit and Collection | No. of retail orders | 525 | 2615 | 4060 | 7200 |
| $11 per order | $5,775 | $28,765 | $44,660 | $79,200 | |
| Total Selling cost for each order size | $2,22,700 | $3,67,400 | $7,81,200 | $13,71,300 | |
| Computation of No. of Skeins | Small | Medium | Large | Total | |
| Retail Sales in boxes | 4000 | 51000 | 182000 | ||
| Retail Sales in Skeins | 12 skeins per box | 48000 | 612000 | 2184000 | 2844000 |
| Catalog Sales in Skeins | 83000 | 56000 | 48000 | 187000 | |
| Total No. of Skeins | 131000 | 668000 | 2232000 | 3031000 | |
| Computation of per Skein Selling cost for each order size | Small | Medium | Large | Total | |
| Total Selling cost for each order size | $2,22,700 | $3,67,400 | $7,81,200 | 1371300 | |
| /Total No. of Skeins | 131000 | 668000 | 2232000 | 3031000 | |
| Per Skein Selling cost for each order size | $1.70 | $0.55 | $0.35 | ||
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labeled athletic wear and sells its products through catalog sales
and retail outlets. While Kragan has for years used activity-based
costing in its manufacturing activities, it has always used
traditional costing in assigning its selling costs to its product
lines. Selling costs have traditionally been assigned to Kragan’s
product lines at a rate of 70% of direct materials costs. Its
direct materials costs for the month of March for Kragan’s
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Kragan Clothing Company manufactures its own designed and
labeled athletic wear and sells its products through catalog sales
and retail outlets. While Kragan has for years used activity-based
costing in its manufacturing activities, it has always used
traditional costing in assigning its selling costs to its product
lines. Selling costs have traditionally been assigned to Kragan’s
product lines at a rate of 70% of direct materials costs. Its
direct materials costs for the month of March for Kragan’s
“high-intensity” line...
sed IS USU S c. Write a memorandum to the president of Air United explaining the benefits of activity-based costing E17.10 (LO 1. 2. 3) Kragan Clothing Company manufactures its own designed and labeled athletic wear and sells its products through catalog sales and retail outlets. While Kragan has for years used activity-based costing in its manufacturing activities, it has always used traditional costing in assigning its selling costs to its product lines. Selling costs have traditionally been assigned to...
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