Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Modern Co is divided into 4 departments A, B, C are production Departments D is a service Department. The actual costs for a period are

image text in transcribed
Modern Co is divided into 4 departments A, B, C are production Departments D is a service Department. The actual costs for a period are as follows: Following information is available in respect of the following departments: Particulars Dept - A Dept - B Dept - C Dept - D Amount Amount Amount Amount (RE) (RE) (RE) (RE) Area (Sq Mtrz) 1500 1100 900 500 Number of 20 15 10 5 employees Total Wages 6000 4000 3000 2000 Value of Plant 24000 18000 12000 6000 Value of Stock 15000 9000 6000 H.P (Horse 24 18 12 Power) of Plant Particulars Amount (Rs) Rent 1000 Repairs to Plant 600 Depreciation of plant 450 Employers Liability for Insurance 150 Supervision 1500 Page 1 of 3 Fire Insurance of Stock 500 Power 900 Light 120 Apportion the costs to the various departments on the most equitable basis

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

Recommended Textbook for

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

Students also viewed these Accounting questions