Question
Exercise 11-26 & 11-27 (LO 11-2) TWO PARTS - PLEASE INCLUDE STEP BY STEP CALCULATIONS SO I CAN FIGURE OUT WHERE I WENT WRONG Caro
Exercise 11-26 & 11-27 (LO 11-2) TWO PARTS - PLEASE INCLUDE STEP BY STEP CALCULATIONS SO I CAN FIGURE OUT WHERE I WENT WRONG
Caro Manufacturing has two production departments, Machining and Assembly, and two service departments, Maintenance and Cafeteria. Direct costs for each department and the proportion of service costs used by the various departments for the month of August follow:
Proportion of Services Used by | |||||||||||
Department | Direct Costs | Maintenance | Cafeteria | Machining | Assembly | ||||||
Machining | $ | 100,000 | |||||||||
Assembly | 66,400 | ||||||||||
Maintenance | 41,200 | 0.2 | 0.5 | 0.3 | |||||||
Cafeteria | 33,000 | 0.6 | 0.2 | 0.2 | |||||||
Exercise 11-26 Cost Allocation: Direct Method (LO 11-2)
PART ONE:
Required:
Compute the allocation of service department costs to producing departments using the direct method. (Do not round intermediate calculations.)
Machining:
Assembly:
Exercise 11-27 Allocating Service Department Costs First to Production Departments and Then to Jobs (LO 11-2)
Assume that both Machining and Assembly work on just two jobs during the month of August: CM-22 and CM-23. Costs are allocated to jobs based on machine-hours in Machining and labor-hours in Assembly. The number of labor- and machine-hours worked in each department are as follows:
Machining | Assembly | ||||
Job CM-22: | Machine-hours | 150 | 40 | ||
Labor-hours | 40 | 30 | |||
Job CM-23: | Machine-hours | 40 | 20 | ||
Labor-hours | 30 | 220 | |||
PART TWO:
Required: How much of the service department costs allocated to Machining and Assembly in the direct method should be allocated to Job CM-22? How much should be allocated to Job CM-23? (Round "Department rate" to 2 decimal places.)
Mc Graw cancel his window shows your responses and what was marked correct and incorrect from your previous attempt. T Award: 0 out of 0.66 points Exercise 11-26 Cost Allocation: Direct Method (LO 11-2) Required Compute the allocation of service department costs to producing departments using the direct method. (Do not round intermediate calculations.) Answer is complete but not entirely correct. ota Costs Machining S 142,250 AssemblyS 98,350 References eBook & Resources Worksheet Difficulty: 2 Medium Exercise 11-26 Cost Allocation Direct Method (LO Learning Objective: 11-02 Allocate service department costs using the direct method This window shows your responses and what was marked correct and incorrect from your previous attempt. 2. Award: 0 out of 0.66 points Exercise 11-27 Allocating Service Department Costs First to Production Departments and Then to Jobs (LO 11-2) Assume that both Machining and Assembly work on just two jobs during the month of August: CM-22 and CM-23. Costs are allocated to jobs based on machine-hours in Machining and labor-hours in Assembly. The number of labor- and machine-hours worked in each department are as follows Machining Assembly 150 40 40 30 Job CM-22: Machine-hours 40 30 20 220 Labor-hours Job CM-23:Machine-hours Labor-hours Required How much of the service department costs allocated to Machining and Assembly in the direct method should be allocated to Job CM-22? How much should be allocated to Job CM-23? (Round "Department rate" to 2 decimal places.) Answer is complete but not entirely correct. Job CM-23 8,674 AssemblyS3,960x S 29,040 Job CM-22 Machining S 32,526 SStep by Step Solution
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