Sims Services Company (SSC) has 50 employees, 38 of whom are assigned to Division A and 12

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Sims Services Company (SSC) has 50 employees, 38 of whom are assigned to Division A and 12 to Division B. SSC incurred $296,000 of fringe benefits cost during 2011.

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Determine the amount of the fringe benefits cost to be allocated to Division A and to Division B.

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Survey of Accounting

ISBN: 978-0078110856

3rd Edition

Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi

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Question Posted: May 19, 2012 12:09 AM

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Sims Services Company (SSC) has 50 employees, 38 of whom are assigned to Division A and 12

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Step 1 is to determine the allocation rate Step 2 is to assign the cost by mu...View the full answer

Survey of Accounting

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