1 10 points "This is really an odd situation said in Carter general manager of Highland Publishing Company. "We get most of the jobs we bidon that require a lot of press time in the Printing Department yet profits on those jobs are never as high as they ought to be on the other hand, we lose most of the jobs we bidon that require a lot of time in the Binding Department I would be inclined to think that the problems with our overhead roles, but we're ready computing separate overhead rates for each department So what else could be wrong Highland Publishing Company is a large organization that offers a variety of printing and binding work. The Printing and Binding departments are supported by the service departments. The cost of these service departments are located to other departments in the order isted below The Personnel cost is located based on number employees. The Custodial Services costes acted based on square feet of space occupied and the Maintenance cost is located based on machine hours eBook D Deference Department Personnel Custodial Services Maintenance Printing Binding Totat Labor- Hours 27,000 8,480 14,200 38.500 103.000 1700 Square Feet of Direct Space Number of Machine- Labor Occupied Employees Hours Hours 12,900 22 3,400 48 10,9 63 40,700 105 157,00 10,00 20.500 306 40.000 74.000 88,50 207, cee 84000 Budgeted overhead costs in each department for the current year are shown below Personnel $ 310,000 Custodial Services 65,900 Maintenance 93,200 Printing 415,000 Binding 161,000 Total budgeted cost 5045100 Because of its simply the company has always used the red method to locate service departments to the tweering departments Required LUsing the step-down to locate the service department costs to the consuming departments. The code predetermined and teste pering departments Une machines as the location base the 2. Repeat above, this time in the direct method. Again compute predetermined head in the Ping and Binding de 3Anume during current year the company on a bheires machine and labores foto Machine Direct Houts Labor Hours Printing Department 2.100 1,320 Binding 720 Departet 13,500 Total hours Demontrat de tred to the of the company sed med developed in bove. Then the mount of overhead cool that did besigned to the the company edhe vede in V Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 RAJA Using the step-down method, alocate the service department costs to the coming departments. The computer predetermined overhead rates in the two operating departments. Use machine-hours as the location base in the Printing Department and direct labor-hours as the location base in the Binding Department Planner allocations from a department as negative and locations to a departamentos positive. The ne should add across the Dent round intermediate calculations. Nound Predetermined overhead rate to 2 mal places and rest of the answers to the nearest while dollar amount) Show less Personal Custodia Services Mac Primong bing Departments before actions 5310.000 55.00 S 200 5415.000 1.000 Alons Person Services Mace costs TO 200 000 Rega > 1 10 eBook This is really an odd station said.am Cartier general manager of Highland Pag Company. We get most of the jous we bid on that require a lot of press time in the Printing Department you on the arenever as high as they ought to be on the other hand, we lose most of the jobs webido a lot of timeine Binding Department I would be inclined to think that the problem is with our overb The ready computing separate overhead intes for each department. So what else could be wrong Highland Publishing Company is a large argardon that offers a variety of printing and being The Printing and Tinding departments are supported by the service departments. The cours of these senderments are wlocated to other departments in the order isted below. The Personal cost is located based on number of employees. The custodiel Services cost is located based on foot of the Maintenance cost is located bused on machine hours Square Total Feet of Direct Labor- Space Number of Machine Labor Department Hours Occupied Employees Hor's Hours Personnel 17,200 12.000 22 Custodiat 8,460 Services 3,400 Maintenance 14,200 10.900 53 Printing 30,500 40,70 105 157.000 20,000 Binding 100,000 20.600 306 40,000 12 Tea 500 Reference Budgeted overhead costs in each department for the center are shown below Personnel $ 310,000 Custodial Services 65,900 Maintenance 93,200 Printing 415,00 Binding 161.00 Total budgeted cost 45.180 Because of its smplicar the company has www sed the dred method to catch the operang departments Required: 1. Using the stepdown those the service de costs to the other comte determined overhead roles in the two penting department machinehouse Printing Department and director hours as the motion being 2. Repet bove, then the direct method Agencome predetermined Pong and Binding department 2. Ale that during the recomanabhamador Machine- Direct Hors Labor-Hours Printing Department 2.1 1,300 Binding Department 70e 13,500 Total hours Determine the most cost would be the the company developed in the moutofcode.com wed the other developed in bo Complete this question by entering your answers in the the below Reg 1 Reg 2 JA Repeat requirements above, this time using the direct method. Aga cute pred overheads in the Printing and finding departments. Per department as negative and allocations to a departments. The ere. De not round medications Press ces and rest of these to the rest whole mount She Personnel Departments before $310.000.00 0.00 5415.000 Alocation sel LUDOS Wanance costs Dos harron 10000 Praded werden (1 Reg SA 1 10 point "This is really an odd tuation" said Jim Carter general manager of Highland Publishing Company. We get most of the jobs we bid on that require a lot of press time in the Printing Department, yet profits on those jobs are never as high as they ought to be on the other hand, we lose most of the jobs we bid on that require a lot of time in the Binding Department I would be inclined to think that the problems with our overhead rates, but we're already computing separate overhead rates for each department. So what else could be wrong? Highland Publishing Company is a large organization that offers a variety of printing and binding work. The Printing and Binding departments are supported by three service departments. The costs of these service departments are allocated to other departments in the order listed below The Personnel cost is allocated based on number of employees. The custodial Services cost is located based on square feet of space occupied and the Maintenance cost is located based on machine hours eBook Reference Department Personnel Custodial Services Maintenance Printing Binding Total Labor- Hours 17,000 8,400 14,200 30,5ea 101.00 17/100 Square Feet of Direct Space Number of Machine Labor- Occupied Employees Hours Hours 12,900 22 3,400 48 10,900 63 40,70 105 157.000 10,000 20,600 306 40.000 76,00 88,500 544 207000 B4,000 Budgeted overhead costs in each department for the comment year we shown below Personnel Custodial Services Maintenance Printing Binding Total budgeted cost $ 310,000 65.900 93,200 415,00 161.000 511025280 Decause of its simplicity, the company has was used the direct method to locate ivice department to me two operating departments Required: Ung the step-down method wlocate the service de conto the consuming departments. The com predetermined overhead rates in the operating et Une machine hours as the location base in the Printing Department and director hours as the allocation base in the Binding Department 2. Report above, this time using the direct method. Again come predetermined overheads in the sand Assume that in the current year the comparison a job that our machine and laborimas follow Machine Direct Hours Labor-Hours Printing Department 2,100 1,300 Binding Department 700 13,500 Total hours be Determine the amount of certad con that would be the compared developed in above. Then determine the amount of overhead cost that would be assigned the theory used the vendres developed in above Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 RegJA Determine the amount of overhead cost that would be assigned to the job the company used the overhead rates developed in requirement 1 above. Then determine the amount of overhead cost that would be assigned to the job if the company used the overhead mates developed in requirement 2.(Round your intermediate calculations to 2 mal places and ral answers to the nearest whole dollar amount.) Show less Total Overhead Cost Step-down method Direct method (R2