Question
1-Prepare a cost allocation table by using Direct Method. Journalize the ending balances of costs. 2- Prepare a cost allocation table by using Step-Down Method.
1-Prepare a cost allocation table by using Direct Method. Journalize the ending balances of costs. 2- Prepare a cost allocation table by using Step-Down Method. Assume that Cafeteria ranks number 1. Journalize the ending balances of costs. 3- Prepare a cost allocation table by using Reciprocal Method. Journalize the ending balances of costs.
G 1 B supportind department cafeteria heating D E operations department cutting assembly TOTAL 2 3 COST 4 direct material 5 direct labor 6 indirect material 7 indirect labor 8 electricity 9 water 10 11 20.000,0 30.000,0 11.200,0 8.232,0 9.000,0 22.000,0 25.600,0 6.384,0 175.000,0 135.000,0 25.000,0 15.000,0 72.800,0 3.654,0 100.000,0 80.000,0 10.000,0 12.000,0 46.400,0 4.730,0 275.000,0 215.000,0 64.000,0 79.000,0 156.000,0 23.000,0 12 rent 13 insurance 14 tax 15 depreciation 16 FIRST ALLOCATION 6.000,0 4.004,0 79.436,0 5.000,0 7.995,0 75.979,0 35.000,0 16.000,0 20.995,0 498.449,0 40.000,0 24.000,0 12.000,0 32.006,0 361.136,0 40.000,0 59.000,0 39.000,0 65.000,0 1.015.000,0 104,0 17 18 ALLOCATION 19 KW per hour 20 21 liter 22 58,0 56% 14,0 13% 196,0 45% 435,0 32,0 31% 152,0 35% 615,0 12% 87,0 20% 1.615,0 32% 5.000,0 308,0 6% 2.462,0 49% 23 square meters 24 25 SERVICES 26 Cafeteria(# of employees) 27 Heating(square meters) 10 308 20 615 500 1615 400 2462 930,0 5.000,0 G 1 B supportind department cafeteria heating D E operations department cutting assembly TOTAL 2 3 COST 4 direct material 5 direct labor 6 indirect material 7 indirect labor 8 electricity 9 water 10 11 20.000,0 30.000,0 11.200,0 8.232,0 9.000,0 22.000,0 25.600,0 6.384,0 175.000,0 135.000,0 25.000,0 15.000,0 72.800,0 3.654,0 100.000,0 80.000,0 10.000,0 12.000,0 46.400,0 4.730,0 275.000,0 215.000,0 64.000,0 79.000,0 156.000,0 23.000,0 12 rent 13 insurance 14 tax 15 depreciation 16 FIRST ALLOCATION 6.000,0 4.004,0 79.436,0 5.000,0 7.995,0 75.979,0 35.000,0 16.000,0 20.995,0 498.449,0 40.000,0 24.000,0 12.000,0 32.006,0 361.136,0 40.000,0 59.000,0 39.000,0 65.000,0 1.015.000,0 104,0 17 18 ALLOCATION 19 KW per hour 20 21 liter 22 58,0 56% 14,0 13% 196,0 45% 435,0 32,0 31% 152,0 35% 615,0 12% 87,0 20% 1.615,0 32% 5.000,0 308,0 6% 2.462,0 49% 23 square meters 24 25 SERVICES 26 Cafeteria(# of employees) 27 Heating(square meters) 10 308 20 615 500 1615 400 2462 930,0 5.000,0Step by Step Solution
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Auditing And Assurance Services A Systematic Approach
Authors: William F. Messier, Steven M. Glover, Douglas F. Prawitt
4th Edition
0071117474, 9780071117470
