Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Actuarial Premium Rating Advertising From Actuarial Premium 20% 80% 10% Sales 10% 20 60 The direct operating costs of the departments (including both variable and

Actuarial Premium Rating Advertising From Actuarial Premium 20% 80% 10% Sales 10% 20 60 The direct operating costs of the departments (including both variable and fixed costs) are: Actuarial Premium rating Advertising Sales $80,000 15,000 60,000 40,000 Required: 1. Determine the total costs of the advertising and sales departments after using the direct method or allocation. 2. Determine the total costs of the advertising and sales departments after using the step method of allocation. 3. Determine the total costs of the advertising and sales departments after using the reciprocal method of allocation. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the total costs of the advertising and sales departments after using the direct method or allocation. Total Cost Allocated Advertising department Sales department Determine the total costs of the advertising and sales departments after using the step method of allocation. Total Cost Allocated Advertising department Sales department Determine the total costs of the advertising and sales departments after using the reciprocal method of allocation. (Do not round intermediate calculations. Round your final answers to 4 decimal places.) Advertising department Sales department Total Cost Allocated

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Effective Controller In The 21st Century Accounting Strategies For Business Management

Authors: Yanyong Thammatucharee

1st Edition

1439217424, 978-1439217429

More Books

Students also viewed these Accounting questions

Question

Can a WBS always be established for attaining an objective?

Answered: 1 week ago

Question

=+ What typical employee will the IA compare him/

Answered: 1 week ago

Question

=+7 What is the overall cost of the international assignment?

Answered: 1 week ago