Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Homework: Assignment 2(Ch 14) Score: 0.36 of 1 pt 6 of 8 (7 complete) Exercise 14-24 (similar to) HW Score: 37 87%, 3.03 of 8

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Homework: Assignment 2(Ch 14) Score: 0.36 of 1 pt 6 of 8 (7 complete) Exercise 14-24 (similar to) HW Score: 37 87%, 3.03 of 8 pts Question Help Best Books, an online book retter, has two operating divisions corporate sales and consumer s and two support divisions-human resources and information systems Each sales division conducts merchandising and marketing operations independently Best Books uses number of employees to wo m an resources costs and processing time to allocate wilomation systems costs The following data are available for September 2018 Click the icon to view the data) Required requirement 1. H O T GIVITIS CU O VISITS USH T RRITORIO TOURIST WHICH porcentages Round your finalwers to the nearest whole dollar Use parentheses or a minus sign when decreasing divisions by allocating costs Complete all answer boxes For mounts with a so balance, make sure to enter in the appropriate field) Costs incurred Allocation of human resources costs Allocation of information systoms costs Support Divisions Operating Divisions Human Information Corporate Consumer RosOUICOS Systems Sales Sales Total 78,000 S 231,000 $ 995,000 $ 483,000 $ 1,787,000 (78,000) 46,800 31,200 (231,000) 127 471 103,529 OS O $ 1.169 271 S 617 729 S 1787 000 Total budgeted costs of operating divisions Requirement 2. Rank the support divisions based on the percentage of their services provided to other support divisions. Use this ranking to allocate the support divisions' costs to the operating divisions based on the step-down method (Round percentages to seven decimal places) Support division Percentage Human resources Information systems Choose from any list or enter any number in the input fields and then click Check Answer 10 corporate Sales and consumer sales and two support divisions human in conducts merchandising and marketing operations independently. Best Books uses number of employees to allo allocate information systems costs. The following data are available for September 2018 Data Support Divisions Human Information Resources Systems Operating Divisions Corporate Consumer Sales Sales $ 78,000 $ 231,000 $ 995,000 $ 483,000 Budgeted costs incurred before any interdivision cost allocations Support work supplied by human resources division Budgeted number of employees Support work supplied by information systems division Budgeted processing time in minutes) C 42 28 370 1,970 1600 Print Done in the innuit fields and then click Check Answer Exercise 14-24 (similar to) Question Help Best Books an online book retter has two operating divisions-corporate sales and consumer a n d we independently Best Booksuse number of employees to locate human resource costs and processing time to u n sand information systems Each sales division conducts merchandising and marketing operation locate formation systems costs The owg data were for ember 2018 Click the love the data) 28 e when calcul in the pro Requirement. Alocate the supporld s ' costs to the operating din sing the directed member to round lov minus sign when divisions by location Compleanswer bowes Forms was balance, make sure Oorsig om 78 000 231.000 5 21000 0 5 .000 5 3 .000 5 1 300 1.200 21474 1021572 9 Concurred Allocation of human resource costs location of formation systems costs Total budgeted costs of being dan Requirement 2. Rank the sport s seven decimales Suppon division Porcentage Humanos d costs to the operang disons based on the show ond the based on sprow - X i Data jinal ansi ating blete int Divl Support Divisions Human Information Resources Systems Operating Divisions Corporate Consumer Sales Sales 00 S 78,000 S 231,000 $ 995,000 $ 483,000 Budgeted costs incurred before any interdivision cost allocations Support work supplied by human resources division Budgeted number of employees Support work supplied by information systems division Budgeted processing time (in minutes) 42 28 centage divisions b 370 1970 1,600 Print Done

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions