Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer all questions and parts, thanks! Question 3, parts A & B- question 4, parts A&B- Mack Precision Tool and Die has two production

please answer all questions and parts, thanks!
Question 3, parts A & B- image text in transcribed
image text in transcribed
question 4, parts A&B-
image text in transcribed
image text in transcribed
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 varicus departments for the month of March follow: Required: Use the step method to allocate the service costs, using the following: a. The order of allocation starts with Repair. b. The allocations are made in the reverse order (starting with Quality Control) Complete this question by entering your answers in the tabs below. Use the step method to allocate the servich costs, wing the foliowing The allochtions are made in the reverie ceder (Mtarting w th Quavity contre) Mock 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: Required: Use the step method to allocate the service costs, using the following: a. The order of allocation starts with Repaic: b. The allocations are made in the reverse order (starting with Quality Contro). Complete this question by entering your answers in the tabs below. Vhe the step method to allocate the service costs; using the following: The order of ablocation starts with Repair. Note: Amounts to be deducted should be indicated br a minus sign. Do not round imermediate calculations. Woodstock Binding has two service departments, IT (information Technology) and HR (Human Resources), and two operating departments, Publishing and Binding. Management has decided to allocate IT costs on the basis of IT Tickets (issued with each IT request in each department and HR costs on the basis of employees in each department: The following data appear in the compary records for the current period: Required: Use the step method to allocate the service costs, using the following: Usuired: a. The order of allocation starts with IT b. The order of allocation starts with HR Complete this question by entering your answers in the tabs below. Use the step method to allocate the service costs, using the following: Use the step mechod to allocate the servic The order of allocation starts with HA. Nole: Amounts to be deducted should be indicated by a minus sign. Do nok round imermediate calculations Woodstock Binding has two service departments, if pirformation Technology) and HR (Human Resources) and two operating departments, Publishing and Binding. Management has decided to alocate IT costs on the basis of II. Tickets fissued with each ir tequest in each deparment and HR costs on the basis of employees in each departrent. The following data appear in the compary records for the current period: Bequired: Use the step method to alocate the service costs, using the foliowing a. The order of ahocation starts with IT. b. The order of allocation starts wath HR. Cemplete this questioe by entering reur answers in the tabs belve: Whe the ses method to alocate the servke cents, ving the folisming

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

Students also viewed these Accounting questions

Question

Page 1

Answered: 1 week ago