Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Department Cost Percentage Service Provided to S1 S2 P1 P2 Service 1 (S1) $ 116,000 0% 30% 30% 40% Service 2 (S2) 48,000 25 0
Department | Cost | Percentage Service Provided to | |||
---|---|---|---|---|---|
S1 | S2 | P1 | P2 | ||
Service 1 (S1) | $ 116,000 | 0% | 30% | 30% | 40% |
Service 2 (S2) | 48,000 | 25 | 0 | 25 | 50 |
Production 1 (P1) | 385,000 | ||||
Production 2 (P2) | 256,000 | ||||
Total | $ 805,000 |
What percentage of S1s costs is allocated to P1 and to P2 under the direct method? (Round your answer to the nearest fraction.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started