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Forsand Wood Products manufactures lumber and wood components. The company has two main product lines Hardwood and Soltwood. Hardwoods are used for Mooring, cabinetry, Darwin, doors and twork Softwoods are used for wat studs, jolts, plakater, beams, striger, poste, decking, boring and concrete forms. Forestland oo sells aby prodit wood shaving and awdust Shavings are purchased for form and industrial use as well as for further processing into wood pellets and fiberboard. The revenge allocated to each product ne based on the percentage of thousand board feet produced by the product in Your accounting firm has been retained by Forest Land for three years. You have been assigned to properly allocate support department costs. Your manager wants the allocation to be as COM as possible and instructed you to use the recercatrices method. She remind you that revenue from by products are used to offset costs. You begin your research and learn that there are four production departments to yod, miling, drying, and packaging. The Hardwood line produces 300 thousand board feet of product while the softwood produce 000 thousand board feet. The miting department direct costs, direct labor and overhead perthousand board feet for Hardwoodie two times that of softwood. You ve been instructed to use the weighted average method to allocate the costs in the milling department between the two product ines. The remaining department couture the same for buth routines per thousand board feat There are two support departments, maintenance and administration. The maintenance department is responsible for maintaining alment and anitorial duties. Because the equipment used more tensively for hardwoods, the department cost divers hours worked. The administration department includes the company president and his statt. The duties indude secuting, maneres, and information technology. The cost over for the administration department is number of employees in your first to vou determine the cost traced to each department and the usage of the sport department cost you have created the following table Maintenance Administration tog Yard Milling Drying Packaging Hours worked 30.750 2.100 9,730 21.000 25.920 15,200 Number of employees 8 5 12 15 Dement costs 5176,000 Sat.275 309,940 5747,000 $430,160 5224,000 nesto studente proportional usage of each cordement cost over by the the deatments to which is costs are to be located. Come now Maintenance Maintenance Hours Work Department Mestration Usage Percent 10 Log Yard 8,100 9,720 12 Miling 21.060 26 Drying 25,920 32 Padang 16,200 20 Total 81.000 1007 Administration Department Malta Usage Percent 8 16 Log Yard 12 iling 127 24 Do 16 32 Pagind 8 16 To 507 100 using the cas below, at the forms that will be porte conteng M 176.000 16 AV 10 M) 216,275 Solve the equations. It required round any decimal to the places in your computation, for example, 013 would be rounded to 01. Round your final answer to the nearest dolls 1 A Use the following table to allocate the support cont departments. Round allocated amounts to the nearest whole dollar of an amount is zero, enter"0" Support Departments Production Departments Maintenance Administration Log Yard Milling Orying Packaging Hou worked 10,750 0,100 9.220 21.060 25.920 16,200 Namber of 5 amplay 12 16 Department cost 176,000 216,275 309,940 747,000 $ 433,160 224,000 Maintenance Administratori Final department COM Thousand Board Feet Weight Factor Weighted Thous. Bd. FL. Weighted of Board Feet Final Department Costs Cast Allocation to Product Line 10g Yard: Hardwood Softwood Total Log Yard Milling Hardwood Softwood Total Milling Drying: ardwood Softwood Total Oro Packaging: Hardwood Softwood Tot Padang Forest and earn revenue of $100,000 from selling its by products, wood shavings and saw dust. Alocate the revenue to each product line in the following table and determine the final cout per product line Thousand Board Feet Percentage of Board Feet By product Revenge Portion of by product Revenge Hardwood $100,000 Softwood 100,000 Total Cost per Product Line Hardwood Softwood Log Yard Milling Drying Packaging Subtotal Portion of Dy.roduct reverse Total cost per product line Forestland Wood Products manufactures lumber and wood components. The company has two main product lines Hardwood and Softwood Hardwoods are used for noring, cabinetry Daheling, doors and trimwork. Softwoods are used for wall studs, jouts, plans, caters, beams, stringers, pouts, decking, subflooring and concreta forma Forestanda sala by product, wood shaving and sawdust Shavings are purchased for farm and industrial use as well as for further processing into wood pellets and fiber board. The revenue stocated to mach product line based on the percentage of thousand board for produced by the product line Your accounting firm has been retained by Forestland for three years. You have been assigned to properly allocate support department costs. You manager wants the allocation to be as accurate as possible and has instructed you to use the reciprocal services method. She reminds you that revenue from by products are used to offset costs. You begin your research and learn that there are four production departments: log yard ng drying, and packaging The Hardwoodline produces 100 thousand board feet of product while the Softwood produces 900 thousand board feet. The miling department direct costs, direct labor and overhead per thousand board feet for Hardwood is the times that of Softwood. You have been instructed to use the weighted average method to allocate the costs in the milling department between the two product lines. The remaining department costs are the same for both product lines, per thousand board feet There are two support departments maintenance and administration. The maintenance department is responsible for maintaining all equipment and janitorial dutiet. Because the equipment is used more extensively for hardwoods, the department cost driver is hours worked. The administration department includes the company president and he start the duties include accounting, human resources, and information technology. The cost driver for the administration department a number of employees in your first step, you determine the costs traced to each department and the usage of the support department cost driver. You have created the following table! Maintenance Administration Log Yard Milling Drying Packaging Hours worked 10.750 9,720 21.060 25,920 16,200 Number of employees 5 5 6 16 Department costs $175,000 5216,275 5309,940 5747,000 3433,160 5224,000 Your next step is to determine the proportional usage of each support department's cost driver by the other departments to which it costs are to be located Commute the following Tables 3.100 Department Hours Worked Usage Percent Administration 8,100 10 Log Yard 9,720 12 >>>> Milling 21,060 26 Drying 25,920 32 Packaging 16,200 20 >>> Milling 21,060 26 Drying 25,920 32 Packaging 16,200 20