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eBook Question Content Area Reciprocal Method Eilers Company has two producing departments and two support departments. The following budgeted data pertain to these four departments:
eBook Question Content Area Reciprocal Method Eilers Company has two producing departments and two support departments. The following budgeted data pertain to these four departments: Support Departments Producing Departments General Factory Receiving Assembly Finishing Direct overhead $ $ $ $ Square footage Number of receiving orders Direct labor hours Required: Allocate the overhead costs of the support departments to the producing departments using the reciprocal method. Round allocation ratios to two decimal places. Round allocated costs to the nearest dollar. If an amount is zero, enter Allocation ratios: General Factory Receiving Assembly Finishing Square footage fill in the blank fill in the blank fill in the blank fill in the blank Number of receiving orders fill in the blank fill in the blank fill in the blank fill in the blank Allocations: General Factory Receiving Assembly Finishing Direct overhead cost $fill in the blank $fill in the blank $fill in the blank $fill in the blank General Factory fill in the blank fill in the blank fill in the blank fill in the blank Receiving fill in the blank fill in the blank fill in the blank fill in the blank Total $fill in the blank $fill in the blank $fill in the blank $fill in the blank Using direct labor hours, compute departmental overhead rates. Round to the nearest cent. Overhead Rate Assembly $fill in the blank per direct labor hour Finishing $fill in the blank per direct labor hour
eBook
Question Content Area
Reciprocal Method
Eilers Company has two producing departments and two support departments. The following budgeted data pertain to these four departments:
Support Departments Producing Departments
General
Factory Receiving Assembly Finishing
Direct overhead $ $ $ $
Square footage
Number of receiving orders
Direct labor hours
Required:
Allocate the overhead costs of the support departments to the producing departments using the reciprocal method. Round allocation ratios to two decimal places. Round allocated costs to the nearest dollar. If an amount is zero, enter
Allocation ratios:
General Factory Receiving Assembly Finishing
Square footage fill in the blank
fill in the blank
fill in the blank
fill in the blank
Number of receiving orders fill in the blank
fill in the blank
fill in the blank
fill in the blank
Allocations:
General Factory Receiving Assembly Finishing
Direct overhead cost $fill in the blank
$fill in the blank
$fill in the blank
$fill in the blank
General Factory fill in the blank
fill in the blank
fill in the blank
fill in the blank
Receiving fill in the blank
fill in the blank
fill in the blank
fill in the blank
Total $fill in the blank
$fill in the blank
$fill in the blank
$fill in the blank
Using direct labor hours, compute departmental overhead rates. Round to the nearest cent.
Overhead Rate
Assembly $fill in the blank
per direct labor hour
Finishing $fill in the blank
per direct labor hour
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