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Bradley Company has two sewice departments and two production departments. Information on annual manufacturing overhead costs and cost drivers follows @ (Click the icon to
Bradley Company has two sewice departments and two production departments. Information on annual manufacturing overhead costs and cost drivers follows @ (Click the icon to View the information.) The company allocates serVice department costs using the sequential method First. St costs are allocated on the basis of direct labor hours Next, 52 costs are allocated on the basis of square footage. The square footage for St is assumed to be zero for this purpose. Requirement Determine the total overhead costs allocated to each of the two production departments. (Round ratio calculations to ve deCimal places. XXXXX. and your nal answers to the nearest whole dollar. Use parentheses or a minus Sign when decreaSing departments by allocating costs Complete all answer boxes.) SerVice departments Production apartments Sequential Method 81 32 P1 P2 Costs Closmg balance Data table Service Departments Production Departments Item S1 $2 P1 P2 Overhead costs $ 60,000 $ 50,000 $ 120,000 $ 220,000 Direct labor hours 2,500 1,500 2,250 3,750 Number of square feet 900 1,500 2,550 5,950 Print Done
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