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< > Open N Netflix Print aedue-my.sharepoint.com (30) The Weeknd - Remin... Course Hero S Women's Bikinis & Swim... Download Question 1: (95 points)
< > Open N Netflix Print aedue-my.sharepoint.com (30) The Weeknd - Remin... Course Hero S Women's Bikinis & Swim... Download Question 1: (95 points) iMyFone D-Back User Gui... Home - American Univers... Course: Cost Accounting... OneDrive for Business 1 of 1 'AUM American University Of The Middle East Health Hero provides two types of healthcare-consulting services: General Healthcare Consulting and Cardiovascular Consulting. Healthcare Plus has two support departments: HR & Admin Support (ADM), and IT Support (ITS); and two operating departments: General Healthcare Consulting (GHC) and Cardiovascular Consulting (CVC). For the first quarter of 2020, Health Hero's cost records indicate the following: Support Operating ADM ITS GHC CVC Total Budgeted OH before 60,000 220,000 525,360 747,120 1,552,480 re-allocation ($) Support work supplied by ADM 20% 35% 45% 100% (budgeted head count) Support work supplied by ITS 5% 40% 55% 100% (budgeted computer time) Required Allocate the two support departments' costs to the two operating departments using the following methods: A. Direct method B. Linear equations method Use the template provided Question 2: (5 points) Give THREE examples of allocation bases used to allocate support-department cost pools to operating departments. ACT470: Advanced Cost Accounting Individual Homework Assessment Dr. Susith Fernando Summer 2020 2 | Page 2 of 4 < > Open N Netflix Print aedue-my.sharepoint.com (30) The Weeknd - Remin... Course Hero S Women's Bikinis & Swim... Download iMyFone D-Back User Gui... Home - American Univers... Course: Cost Accounting... OneDrive for Business 1 of 1 Question 1: (95 points) AUM American University Of The Middle East Template: A. Direct method Budgeted OH before re-allocation ($) Allocation of ADM costs: Allocation of ITS costs: Budgeted OH after re-allocation ($) B. Linear equations method ADM ITS GHC CVC ADM ITS GHC CVC Budgeted OH before re-allocation ($) Allocation of ADM costs: Allocation of ITS costs: Budgeted OH after re-allocation ($) Workings: ACT470: Advanced Cost Accounting Individual Homework Assessment Dr. Susith Fernando Summer 2020 3 | Page < > Open N Netflix Print aedue-my.sharepoint.com (30) The Weeknd - Remin... Course Hero S Women's Bikinis & Swim... Download iMyFone D-Back User Gui... Home - American Univers... Course: Cost Accounting... OneDrive for Business 1 of 1 AUM American University Of The Middle East Question 2: (5 points) Give THREE examples of allocation bases used to allocate support-department cost pools to operating departments. ACT470: Advanced Cost Accounting Individual Assessment Dr. Susith Fernando Summer 2020 4 | Page 4 of 4
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