# Gate 23C, They Operate Two Flights During The Month Of February

Gate 23C, they operate two flights during the month of February.

(1) flight SQ 332 from Singapore to Paris and back) and (2) flight SQ 221 from Singapore to Sydney and back). These are the only two flights to use the gate during February. For each completed roundtrip, both the expected and actual number of gate uses is two (one for each departure, one for each return). The cost model/allocation base is the number of hours the gate is used by a flight.

The budgeted number of SQ 221 roundtrip flights during February is 30 flights. The standard number of gate hours for flight SQ 221 is 2 hours for each departure and 1 hour for each return.

The actual number of SQ 221 roundtrip flights during February is 28. The average actual number of gate hours for each flight SQ 221 departure was 2.1 and 0.9 hours on average for each arrival.

The budgeted number of SQ 332 roundtrip flights during February is 20 flights. The standard number of gate hours for flight SQ 332 is 2.5 hours for each departure and 1 hour for each return.

The actual number of SQ 332 roundtrip flights during February is 21. The average actual number of gate hours for each flight SQ 332 departure was 2.8 and 1.1 hours on average for each arrival.

The budgeted/expected gate-related Fixed Overhead costs for February are S\$ 250,000.

The actual gate-related Fixed Overhead costs for February are S\$ 270,000.

The budgeted/expected gate-related Variable Overhead costs for February are S\$ 50,000.

The actual gate-related Variable Overhead costs for February are S\$ 40,000.

For the first four questions, you need to determine the gate-related overhead costs that are allocated to each roundtrip flight during the month of February under the four different cost systems. Round allocation rates to the nearest S\$.

Q1. Standard, full absorption cost system for flight SQ 221

Q2. Standard, full absorption cost system for flight SQ 332

Q3. Actual, full absorption cost system for flight SQ 221

Q4. Actual, full absorption cost system for flight SQ 332

Q5. Standard, variable cost system for flight SQ 221

Q6. Standard, variable cost system for flight SQ 332

Q7. Actual, variable cost system for flight SQ 221

Q8. Actual, variable cost system for flight SQ 332

Q9. Under the Standard Full Absorption system, what is the total amount of overhead costs that are allocated to all of the actual flights during February?

Q10. Under the Standard Full Absorption system, what is the amount of the “leftovers” - the difference between the total actual costs incurred and the total amount of costs that were allocated to the flights?

Q11. Under the Standard Variable system, what is the total amount of variable overhead costs that are allocated to the actual flights during February?

Q12. Under the Standard Variable system, what is the amount of the “leftovers” - the difference between the total actual costs incurred and the total amount of costs that were allocated to the flights?