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12 - Intermediate Managerial Accounting II (2021/2022 Summer Quiz COST ALLOCATION (6 MARKS) 1 10 Krum Lawn Equipment has five departments, of which casting and

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12 - Intermediate Managerial Accounting II (2021/2022 Summer Quiz COST ALLOCATION (6 MARKS) 1 10 Krum Lawn Equipment has five departments, of which casting and Finishing are producing departments Maintenance Product Movement and Inspection are service departments. The distribution of the service departments is as follows: 19 28 Maintenance Production inspection Casting Finishing $84,000 5% 50% 209 Maintenance Production movement $160.000 1096 596 M5% 4096 Finish Inspection 538.000 15% 596 20% 50% Time le Required: Use the direct method to allocate the service departments' costs. Prepare a schedule showing the total costs allocated to each department BI - lii III P

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