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During the past month, the following costs were incurred in the three production departments and two service departments of Kim & Co.: Administration Supplying Department
During the past month, the following costs were incurred in the three production departments and two service departments of Kim & Co.: Administration Supplying Department Administration Factory support Direct cost Using Department Factory Support Fabrication 0.40 0.30 0.30 $1,260,000 $1,580,000 0.10 $ 500,000 Assembly 0.20 0.10 $ 270,000 Finishing 0.10 0.50 $240,000 Required: Allocate service department costs to Fabrication, Assembly, and Finishing using the reciprocal method, and determine the total costs of Fabrication, Assembly, and Finishing after this allocation. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amounts.) X Answer is not complete. Cost Allocation To: From: Administration Fabrication Assembly Finishing Factory Support 1.260,000 500,000 $ IS 0$ 0 Service department costs Administration Factory support Total allocations Direct costs Total costs Is 500,000 IS 1,260,000 S 0 Is 0 Is 0 270,000 1,580,000 1,580,000 240,000 240,000 500,000 S 1,260,000 $ $ 270,000 S B
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