Question
JUST NEED THE WEIGHT FACTOR PLEASE and the Weighted Thousand BD FT for Milling. I have the rest. You begin your research and learn that
JUST NEED THE WEIGHT FACTOR PLEASE and the Weighted Thousand BD FT for Milling. I have the rest.
You begin your research and learn that there are four production departments: log yard, milling, drying, and packaging. The Hardwood line produces 300 thousand board feet of product while the Softwood produces 900 thousand board feet. The milling department direct costs, direct labor and overhead per thousand board feet for Hardwood is two 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.
Using the rounded amounts from the support cost allocation table (previous task), complete the following table to allocate the production department costs to each product line. Round allocated amounts to the nearest whole dollar.
Thousand Board Feet | Weight Factor | Weighted Thous. Bd. Ft. | Weighted % of Board Feet | Final Department Costs | Cost Allocation to Product Line | ||||
Log Yard: | |||||||||
Hardwood | % | $ | $ | ||||||
Softwood | |||||||||
Total Log Yard | % | $ | |||||||
Milling: | |||||||||
Hardwood | % | $ | $ | ||||||
Softwood | |||||||||
Total Milling | % | $ | |||||||
Drying: | |||||||||
Hardwood | % | $ | $ | ||||||
Softwood | |||||||||
Total Drying | % | $ | |||||||
Packaging: | |||||||||
Hardwood | % | $ | $ | ||||||
Softwood | |||||||||
Total Packaging | % | $ |
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