accounting 3377

Elers Company has two producing departments and two support departments. The following budgeted data pertain to these four departments: Required: 1. Allocate the overhead costs of the support departments to the producing departments using the reciprocal method. (Round allocation ratios to two decimal places. Round allocated costs to the nearest dollar. If an amount is zero, enter " 0 ".) 1. Allocate the overhead costs of the support departments to the producing departments using the reciprocal method. (Round allocation ratios to two decimal places. Round allocated costs to the nearest dollar. If an amount is zero, enter " 0 ".) Allocation ratios: 2. Using direct labor hours, compute departmental overhead rates. (Round to the nearest cent.) places. Round allocated costs to the nearest dollar. If an amount is zero, enter " 0 ".) Allocation ratios: Allocations: 2. Using direct labor hours, compute departmental overhead rates. (Round to the nearest cent.)