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INSTRUCTION: Answer ALL questions. Question 1. Harry Porter has two production departments & one service department. The following information relates to January 2021. Allocated Expenses
INSTRUCTION: Answer ALL questions. Question 1. Harry Porter has two production departments & one service department. The following information relates to January 2021. Allocated Expenses Production A B Service Department Department 85,000 55,000 100,000 1. The allocated expenses shown above are all indirect expenses. 2. The benefit provided by the service department is shared among the production departments A & B in the proportion 60:40. Required: Calculate the amount of overhead to be charged to specific units for both production department A & production department B
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