Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

cost estimating 1. Use the information below to allocate the two service related indirect costs (personnel and maintenance) by following the traditional direct cost allocation

cost estimating image text in transcribed
1. Use the information below to allocate the two service related indirect costs (personnel and maintenance) by following the traditional direct cost allocation method. Personnel Maintenance Assembly Finishing Cost of operation $ $ 55,000 75,000 Number of employees 10 25 35 45 Machine hours 0 150 500 300 a. Which one is the most appropriate allocation base to use for Personnel costs and what is allocation rate? b. Which one is the most appropriate allocation base to use for Maintenance costs and what is allocation rate? c. How much of the maintenance costs is allocated to the Assembly department d. How much of the maintenance costs is allocated to the Finishing department e. How much of the maintenance costs allocated to the Personnel department f. How much of the personnel costs is allocated to the Assembly department g. How much of the personnel costs is allocated to the Finishing department h. How much of the personnel costs allocated to the Maintenance department

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

Step: 3

blur-text-image

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

Fundamentals of Multinational Finance

Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman

5th edition

205989756, 978-0205989751

More Books

Students also viewed these Finance questions