Brandeis Corporation has two production Departments: P1 and P2 and two service departments: S1 and S2. Direct costs for each department and the proportion of service costs used by the various departments for the month of July are as follows: Proportion of Services Used by: Department Direct costs S1 S2 P1 P2 S1 $80,000 0.70 0.10 0.20 S2 $120,000 0.20 0.30 0.50 P1 $180,000 P2 $160,000 Under the step-method of allocation, the total amount of service costs allocated to producing departments would be: Ads by Wander BurstAd Options $133,000. $200,000. $160,000. $40,000. ----------------------------------- Vreeland, Inc., manufactures products X, Y, and Z from a common process. Joint costs were $61,000. Additional information is as follows: If Processed Further Units Sales Value at Sales Additional Product Produced Split-off Value Costs X 6,100 $ 41,000 $ 56,500 $ 4,100 Y 4,100 36,000 46,500 6,150 Z 2,100 26,000 31,500 8,100 12,300 $ 103,000 $ 134,500 $ 18,350 Assuming that joint production costs are allocated using the physical quantities method (units produced), what were the costs allocated to Product X? Ads by Wander BurstAd Options $28,000. $30,100. $34,200. $30,252. ---------------------------------------- The RAH Manufacturing Company has two service departments: Maintenance and Accounting. The Maintenance Department's costs of $311,000 are allocated on the basis of machine hours. The Accounting Department's costs of $131,000 are allocated on the basis of the number of employees within a specific department. The direct departmental costs for A and B are $311,000 and $511,000, respectively. Maint Acctg A B Machine hours 502 31 2,520 310 Number of employees 13 13 19 15 What is the cost of the Accounting Department's cost allocated to Department A using the step method and assuming the Maintenance Department's costs are allocated first? Ads by Wander BurstAd Options $78,957. $75,089. $77,833. $66,228. ------------------------------------ The RAH Manufacturing Company has two service departments: Maintenance and Accounting. The Maintenance Department's costs of $301,000 are allocated on the basis of machine hours. The Accounting Department's costs of $121,000 are allocated on the basis of the number of employees within a specific department. The direct departmental costs for A and B are $301,000 and $501,000, respectively. Maint Acctg A B Machine hours 482 21 2,320 210 Number of employees 3 3 9 5 What is the Accounting Department's cost allocated to Department B using the direct method? Ads by Wander BurstAd Options $43,214. $77,786. $25,929. $8,643. --------------------------------- The following information relates to Ray Corporation for the past accounting period. Direct Costs Service Dept A $ 94,000 Service Dept B 74,000 Producing Dept C 29,000 Producing Dept D 34,000 Proportion of service by A to: Proportion of service by B to: B 30% A 50% C 10% C 30% D 60% D 20% Using the simultaneous solution method, Department B's cost allocated to Department C is Ads by Wander BurstAd Options $50,325 $36,071 $37,025 $18,036 --------------------------------- Brandeis Corporation has two production Departments: P1 and P2 and two service departments: S1 and S2. Direct costs for each department and the proportion of service costs used by the various departments for the month of July are as follows: Proportion of Services Used by: Department Direct costs S1 S2 P1 P2 S1 $71,000 0.70 0.10 0.20 S2 $111,000 0.20 0.30 0.50 P1 $171,000 P2 $151,000 Under the direct-method of cost allocation, the amount of S1 costs allocated to P1 would be: Ads by Wander BurstAd Options $23,667. $7,100. $33,300. $68,000. ------------------------------------ The Moody Company produced three joint products at a joint cost of $102,000. Two of these products were processed further. Production and sales were: Weight Sales Addt'l. Processing Costs P 302,000 lbs. $ 247,000 $ 202,000 Q 101,000 lbs. 30,500 0 R 101,000 lbs. 178,000 102,000 Assume Q is a by-product and Moody uses the cost reduction method of accounting for by-product cost. If estimated net realizable value is used, how much of the joint costs would be allocated to product R? (Round your final answer to the nearest whole dollar.) Ads by Wander BurstAd Options $39,089. $44,909. $50,667. $63,438. -------------------------------- Vreeland, Inc., manufactures products X, Y, and Z from a common process. Joint costs were $75,000. Additional information is as follows: If Processed Further Units Sales Value at Sales Additional Product Produced Split-off Value Costs X 7,500 $ 55,000 $ 77,500 $ 5,500 Y 5,500 50,000 67,500 8,250 Z 3,500 40,000 52,500 9,500 16,500 $ 145,000 $ 197,500 $ 23,250 Assuming that joint product costs are allocated using the net realizable value method, what were the total costs assigned to Product Y? Ads by Wander BurstAd Options $31,198. $28,612. $34,112. $37,500. ----------------------------------- The Moody Company produced three joint products at a joint cost of $107,000. Two of these products were processed further. Production and sales were: Weight Sales Addt'l. Processing Costs P 307,000 lbs. $ 252,000 $ 207,000 Q 103,500 lbs. 31,750 0 R 103,500 lbs. 185,500 107,000 What is the net income of Moody Company if the estimated net realizable value method of joint cost allocation is used? Ads by Wander BurstAd Options $27,000. $48,250. $162,250. $365,750. --------------------------------- The Moody Company produced three joint products at a joint cost of $101,000. Two of these products were processed further. Production and sales were: Weight Sales Addt'l. Processing Costs P 301,000 lbs. $ 246,000 $ 201,000 Q 100,500 lbs. 30,250 0 R 100,500 lbs. 176,500 101,000 If joint costs are allocated based on relative weight of the outputs and all products are main products, how much of the joint costs would be allocated to product P? Ads by Wander BurstAd Options $44,016. $50,333. $60,560. $62,969