Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Check my work Exercise 9-5 (Algo) Departmental expense allocations LO P2 Renata Company has four departments Materials, Personnel Manufacturing and Packaging. Information follows Department Employees

image text in transcribed
image text in transcribed
Check my work Exercise 9-5 (Algo) Departmental expense allocations LO P2 Renata Company has four departments Materials, Personnel Manufacturing and Packaging. Information follows Department Employees See Fertiset Value Materials 45 42,500 50,700 Personnel 9 8.500 Manufacturing 21 102,000 -36,18 Packaging 45 12.000 21.440 Total 150 170,000 $ 67,000 The four departments share the following indirect expenses for supervision, utilities and insurance according to the allocation bases Indirect Expense Supervision utilities Insurance Total Cost Allocation Base $183,200 Number of employees 57,000 square feet occupied 26.000 Asset values $ 166,200 Allocate each of the three indirect expenses to the four departments. Allocate each of the three Indirect expenses to the four departments Check my work Allocation Base Percentation Base Nu Denominator of Cost to the Allocated Allocated cost Allocation Base Percent of Allocation Bass Numerator Denominator of Costo be Allocated located Cost Supervision expenses Department Materiale Personnel Munutading Packaging To Utilities Departmeot Male Personnel Manufacturing Packaging Tous Insurance Department Material Person Manufacturing Packaging Tocats Allocations Cost to be Abocated Allocated Cost Put Allocation Numerator Denominator of LOG

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_2

Step: 3

blur-text-image_3

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

Cost Accounting Foundations And Evolutions

Authors: Amie Dragoo, Michael Kinney, Cecily Raiborn

10th Edition

1618533533, 9781618533531

More Books

Students also viewed these Accounting questions