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Please help A manufacturing firm has two service departments (S1 and S2) and three production departments (P1, P2, and P3). The following table shows the
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A manufacturing firm has two service departments (S1 and S2) and three production departments (P1, P2, and P3). The following table shows the costs incurred at the two service departments, as well as the proportion of services provided by the two service departments to the other departments. Allocate the service department costs to the production departments using the following techniques: Direct Method Step Method Reciprocal A company produces three products in a joint production process. For the month of June, 2,500 000 SR 1,700,000SR of materials, labor and overhead were added to produce the three main products: X, Y, and Z. The sale values were available right after the split-off point. The following diagram shows the process. Allocate the joint costs to the products using the net realizable value method. Dr. Mojahid F. Saeed Osman/ISE304.02/Term 122/HW6/May 8, 2013 1 A manufacturing firm has two service departments (S1 and S2) and three production departments (P1, P2, and P3). The following table shows the costs incurred at the two service departments, as well as the proportion of services provided by the two service departments to the other departments. Allocate the service department costs to the production departments using the following techniques: Direct Method Step Method Reciprocal A company produces three products in a joint production process. For the month of June, 2,500 000 SR 1,700,000SR of materials, labor and overhead were added to produce the three main products: X, Y, and Z. The sale values were available right after the split-off point. The following diagram shows the process. Allocate the joint costs to the products using the net realizable value method. Dr. Mojahid F. Saeed Osman/ISE304.02/Term 122/HW6/May 8, 2013 1Step by Step Solution
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