Mr. Bailey would like you to start by analyzing the Payroll Office expenses, and allocating the total expenses to each division. He has decided to use the number of payroll checks as the activity base for the allocation.

Fill in the blanks below, allocating the total expense for the Payroll Office to each of the two divisions.

Division

Allocated Service Department Charges

Audit Division

7,150

Tax Division 22,100

Mr. Bailey has prepared the following divisional income statement for you to review, assuming no transfer of excess capacity hours occurs. He has also included the total amounts for BOR CPAs, Inc. in the rightmost column.

Complete the Divisional Income Statements with your data from the Payroll panel.

BOR CPAs, Inc.

Divisional Income Statements

For the Year Ended December 31, 2016

1

Audit Division

Tax Division

Total Company

2

Fees earned:

3

Audit fees (12 engagements)

$900,000.00

$900,000.00

4

Tax fees (45 engagements)

$708,750.00

708,750.00

5

Transfer-pricing fees

0.00

6

Expenses:

7

Variable:

8

Audit hours provided by Audit Division

216,000.00

216,000.00

9

Tax hours provided by Tax Division

283,500.00

283,500.00

10

Excess capacity hours paid to salaried staff

48,000.00

48,000.00

11

Audit hours provided by Tax Division

0.00

0.00

12

Fixed expenses

50,000.00

65,500.00

115,500.00

13

Income from operations before service department charges

$634,000.00

$311,750.00

$945,750.00

14

Less service department charges for payroll

15

Income from operations

Which statement best defines a grant? a grant is an educational plan in which students alternate between studying for school and gaining work experience. a grant is a loan offered to students to pay for education-related expenses. a grant is money given by an organization for a specific purpose. a grant is a loan offered to anyone who is thinking about attending college.

Gino's restaurant is a popular restaurant in boston, massachusetts. the owner of the restaurant has been trying to better understand costs at the restaurant and has hired a student intern to conduct an activity-based costing study. the intern, in consultation with the owner, identified the following major activities: activity cost pool activity measure serving a party of diners number of parties served serving a diner number of diners served serving drinks number of drinks ordered some costs, such as the cost of cleaning the linens that cover the restaurant's tables, vary with the number of parties served. other costs, such as washing plates and glasses, depends on the number of diners served or the number of drinks served. data concerning these activities are shown below. serving a party serving a dinner serving drinks total total cost $47,600 $153,000 $59,800 $260,400 total activity 7,000 parties 30,000 diners 46,000 drinks prior to the activity-based costing study, the owner knew very little about the costs of the restaurant. she knew that the total cost for the month was $260,400 and that 30,000 diners had been served. therefore, the average cost per diner was $8.68.required: 1. compute the activity rates for each of the three activities 2. according to the activity-based costing system, what is the total cost of serving each of the following parties of diners? a. a party of four diners who ordered three drinks in total b. a party of two diners who do not order any drinks c. a lone diner who orders two drinks 3. convert the total costs you computed in part (1) above to costs per diner. in other words, what is the average cost per diner for serving each of the following parties: a. a party of four diners who order three drinks in total b. a party of two diner who do not order any drinks c. a lone diner who orders two drinks 4. why do the costs per diner for the three different parties differ from each other and from the overall average coast of $9.80 per diner?

How has internet access changed and affected globalization from 2003 to 2013? a ten percent increase in internet access has had little effect on globalization. a twenty percent decrease in internet access has had little effect on globalization. a thirty percent increase in internet access has sped up globalization. a fifty percent decrease in internet access has slowed down globalization.