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Help please. Thank you in advance Exerclse 11-15 (Algo) Servlce Department Charges [LO11-4] Korvanls Corporatlon operates a Medical Services Department for Its employees. Charges to
Help please. Thank you in advance
Exerclse 11-15 (Algo) Servlce Department Charges [LO11-4] Korvanls Corporatlon operates a Medical Services Department for Its employees. Charges to the company's operating departments for the varlable costs of the Medical Services Department are based on the actual number of employees in each department. Charges for the fixed costs of the Medical Services Department are based on the long-run average number of employees in each operating department Varlable Medical Services Department costs are budgeted at $60 per employee. Fixed Medical Services Department costs are budgeted at $603,400 per year. Actual Medical Services Department costs for the most recent year were $106,600 for varlable costs and $509,000 for fixed costs. Data conceming employees in the three operating departments follow: Required: 1. Determine the Medical Sevices Deparment charges for the year to each of the operating departments -Cutting. Milling, and Assembly. 2 How much, If any, of the actual Medical Services Deparment costs for the year should be treated as a spending varlance and not charged to the operating departments? Complete this question by entering your answers in the tabs below. Determine the Medical Services Department charges for the year to each of the operating departments-Cutting, Milling, and Assembly. Exerclse 11-15 (Algo) Servlce Department Charges [LO11-4] Korvanls Corporation operates a Medical Services Department for its employees. Charges to the company's operating departments for the varlable costs of the Medical Services Department are based on the actual number of employees in each department. Charges for the fixed costs of the Medical Services Department are based on the long-run average number of employees in each operating department Variable Medical Services Department costs are budgeted at $60 per employee Fixed Medical Services Department costs are budgeted at $603,400 per year. Actual Medical Services Department costs for the most recent year were $106,600 for varlable costs and $609,000 for fixed costs. Data concerning employees in the three operating departments follow: reyuireo: 1. Determine the Medical Services Department charges for the year to each of the operating deparments - Cutting. Milling. and Assembly. 2 How much, if any, of the actual Medical Services Depariment costs for the year should be treated as a spending varlance and not charged to the operating departments? Complete this question by entering your answers in the tabs below. How much, if any, of the actual Medical Services Department costs for the year should be treated as a spending variance and not charged to the operating departmentsStep by Step Solution
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