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Check my work 7 Hannibal Steel Company has a Transport Services Department that provides trucks to haul ore from the company's mine to its two
Check my work 7 Hannibal Steel Company has a Transport Services Department that provides trucks to haul ore from the company's mine to its two steel mills-the Northern Plant and the Southern Plant. Budgeted costs for the Transport Services Department total $208,400 per year, consisting of $0.21 per ton variable cost and $158,400 fixed cost. The level of fixed cost is determined by peak-period requirements. During the peak period, the Northern Plant requires 58% of the Transport Services Department's capacity and the Southern Plant requires 42%. 5 points During the year, the Transport Services Department actually hauled the following amounts of ore for the two plants: Northern Plant, 124,000 tons; Southern Plant, 69,300 tons. The Transport Services Department incurred $378,000 in cost during the year, of which $53,300 was variable cost and $324,700 was fixed cost. eBook Required: 1. How much of the $53,300 in variable cost should be charged to each plant? Print 2. How much of the $324,700 in fixed cost should be charged to each plant? 3. How much of the $378,000 in the Transport Services Department cost should be treated as a spending variance and not charged to the plants? References Complete this question by entering your answers in the tabs below. Required 1Required 2 Required 3 How much of the $53,300 in variable cost should be charged to each plant? Variable cost charged to Northern Plant Variable cost charged to Southern Plant Required 1 Required 2>
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