can you help?
3:09 7 47 AA ehacc.hacc.edu C P11-48 Given P11-48 P11-49 Given P11-49 P11-52 Given Student Name: Class: Problem 11-48 MODEL, INC. Allocation Base Administration Accounting Maintenance Molding Painting Building area 10,000 30,000 20,000 360,000 90,000 Employees 18 10 12 70 100 Equipment value (in 000's) 6 120 17.5 312 162 Part a. Proportion Used By Administration Accounting Maintenance Molding Painting Building area Employees Equipment value Round allocations to the nearest dollar. To Maintenance Accounting Administration Molding Painting Direct Costs FROM: Maintenance Accounting Administration Totals Total of direct costs for all service and producing departments Part b. Molding Painting Direct materials Direct labor Overhead (direct) Overhead (allocated) Totals Unit cost: Molding Painting Total Part c. Unit cost of allocated service department costs Molding: Painting:3:09 7 47 AA ehacc.hacc.edu C P11-48 Given P11-48 P11-49 Given P11-49 P11-52 Given iven Data P11-48: MODEL, INC. Allocation base use: Used by Allocation base Administration Accounting Maintenance Molding Painting Building area 10,000 30,000 20,000 360,000 90,000 Employees 18 10 12 70 100 Equipment value (in 000's) 6 120 17.5 312 162 Additional Information: Administration department cost 250,000 Accounting department cost 400,000 Maintenance department cost 200,000 Desirable average cost per unit of service departments 3.5 Direct costs of Molding Department: Direct materials 237,500 Direct labor 337,500 Overhead 112,500 Direct costs of Painting Department: Direct materials 210,000 Direct labor 200,000 Overhead 75,0003:10 1 47 AA ehacc.hacc.edu C P11-48 Given P11-48 P11-49 Given P11-49 P11-52 Given iven Data P11-49: BLUSTAR COMPANY Summary of operations: Administration Accounting Domestic International Employees 25 45 180 Transactions 25,000 20,000 80,000 Department direct costs 360,000 144,000 936,000 3,600,0003:10 1 47 AA ehacc.hacc.edu C P11-48 Given P11-48 P11-49 Given P11-49 P11-52 Given Student Name: Class: Problem 11-49 BLUSTAR COMPANY Administration Accounting Domestic International Employees 25 45 180 Transactions 25,000 20,000 80,000 Department direct costs 360,000 144,000 936,000 3,600,000 Part a. Direct Method Administration Accounting Domestic International Department costs Administration allocation Accounting Allocation Total costs allocated Part b. Step Method Administration Accounting Domestic International Department costs Administration allocation Accounting Allocation Totals costs Part c. Reciprocal Method The equations set up: S1 = Administration; $2 = Accounting $1 = 360,000 + 20% S2 S2 = 144,000 + 10% S1 Substitute Accounting costs into the equation for Administration and solve in the shaded area below. Round the final answer to the nearest dollar. S2 = 144,000 + .10 (360,000 +.2 S2) $2 = 144,000 + 36,000 + .02 $2 98 S2 = 180,000 The computed cost to be allocated for Accounting is: Substitute the computed total Administration costs into the equation for Accounting and solve as before. Round the final answer to the nearest dollar. $1 = 360,000 + (.2 x 183,673) The computed cost to be allocated for Administration is: Administration Accounting Domestic International Costs Administration Accounting Total
