Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need help with this 2 part question please explain! [ine tollowing inrormation applies to the questions aisplayea Delow.] Mack Precision Tool and Die has two

image text in transcribedimage text in transcribed

need help with this 2 part question please explain!

[ine tollowing inrormation applies to the questions aisplayea Delow.] Mack Precision Tool and Die has two production departments, Fabricating and Finishing, and two service departments, Repair and Quality Control. Direct costs for each department and the proportion of service costs used by the various departments for the month of March follow: Exercise 11-26 (Algo) Allocating Service Department Costs First to Production Departments and Then to Jobs (LO 11-1) Assume that both Fabricating and Finishing work on just two jobs during the month of March: MP-47 and MP-48, Costs are allocated to jobs based on labor-hours in Fabricating and machine-hours in Finishing. The number of labor-hours and machine-hours worked in each department are as follows: How much of the service department costs allocated to Fabricating and Finishing using the direct method should be allocated to Job Required: MP-47? How much should be allocated to Job MP-48? Note: Round "Department rate" to 2 decimal places. Do not round other intermediate calculations, Round final answers to the nearest whole dollar. Required information Exercise 11-25 \& 11-26 (Algo) (LO 11-1) [The following information applies to the questions displayed below.] Mack Precision Tool and Die has two production departments, Fabricating and Finishing, and two service departments, Repair and Quality Control. Direct costs for each department and the proportion of service costs used by the various departments for the month of March follow: Exercise 11-25 (Algo) Cost Allocation: Direct Method (LO 11-1) Required: Compute the allocation of service department costs to producing departments using the direct method. Note: Do not round intermediate calculations. Round your final answer.s to the nearest whole dollar. [ine tollowing inrormation applies to the questions aisplayea Delow.] Mack Precision Tool and Die has two production departments, Fabricating and Finishing, and two service departments, Repair and Quality Control. Direct costs for each department and the proportion of service costs used by the various departments for the month of March follow: Exercise 11-26 (Algo) Allocating Service Department Costs First to Production Departments and Then to Jobs (LO 11-1) Assume that both Fabricating and Finishing work on just two jobs during the month of March: MP-47 and MP-48, Costs are allocated to jobs based on labor-hours in Fabricating and machine-hours in Finishing. The number of labor-hours and machine-hours worked in each department are as follows: How much of the service department costs allocated to Fabricating and Finishing using the direct method should be allocated to Job Required: MP-47? How much should be allocated to Job MP-48? Note: Round "Department rate" to 2 decimal places. Do not round other intermediate calculations, Round final answers to the nearest whole dollar. Required information Exercise 11-25 \& 11-26 (Algo) (LO 11-1) [The following information applies to the questions displayed below.] Mack Precision Tool and Die has two production departments, Fabricating and Finishing, and two service departments, Repair and Quality Control. Direct costs for each department and the proportion of service costs used by the various departments for the month of March follow: Exercise 11-25 (Algo) Cost Allocation: Direct Method (LO 11-1) Required: Compute the allocation of service department costs to producing departments using the direct method. Note: Do not round intermediate calculations. Round your final answer.s to the nearest whole dollar

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

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

Principles Of Cost Accounting

Authors: Edward J. Vanderbeck

15th Edition

978-0840037039, 0840037031

More Books

Students also viewed these Accounting questions

Question

7. Review Joint Commission (JC) accreditation standards.

Answered: 1 week ago

Question

Briefly describe vegetative reproduction in plants.

Answered: 1 week ago

Question

1. What are the peculiarities of viruses ?

Answered: 1 week ago