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Exercise 11-30 (Algo) Cost Allocation: Reciprocal Method (LO 11-1) Mack Precision Tool and Die hastwo production departments, Fabricating and Finshing and two service departroents, Repair
Exercise 11-30 (Algo) Cost Allocation: Reciprocal Method (LO 11-1) Mack Precision Tool and Die hastwo production departments, Fabricating and Finshing and two service departroents, Repair and Quality Control. Direct costs fot each department and the proportion of service costs used by the various departments for ithe month of Match follow: Required: Use the reciprocal method to allocate the service costs (Matrix al gebra is not requived) Note: Amounts to be deducted should be indicated by a minus sign. Do not round intermediate calculations, Round your final answers to the nearest whole dollar amounts
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