please help!
Tasman Products, Ltd., of Australia has a Maintenance Department that services the equipment in the company's Forming Department and Assembly Department. The cost of this servicing is charged to the operating departments on the basis of machinehours. Cost and other data relating to the Maintenance Department and to the other two departments for the most recent year are presented below. Data for the Maintenance Department follow: Budget Actual Variable costs for lubricants $302,000* $386,600 Fixed costs for salaries and other $217,000 $233,700 l *Budgeted at $20 per machine-hour. Data for the Forming and Assembly Departments follow: Percentage of PeakPeriod Capacity Required Budget Actual MachineHours Forming Department 72% 10 , 000 12 , 000 Assembly Department 28% 5, 100 4 , 100 Total 100% 15,100 16,100 The level of fixed costs in the Maintenance Department is determined by peakperiod requirements. Required: 1. How much Maintenance Department cost should be charged to the Forming Department and to the Assembly Department? 2. How much, if any, ofthe actual Maintenance Department costs for the year should be treated as a spending variance and not charged to the Forming and Assembly departments? Required: 1. How much Maintenance Department cost should be charged to the Forming Department and to the Assembly Department? 2. How much. if any, of the actual Maintenance Department costs for the year should be treated as a spending variance and not charged to the Forming and Assembly departments? Complete this question by entering your answers in the tabs below. Required 1 Required 2 How much Maintenance Department cost should be charged to the Forming Department and to the Assembly Department? Total cost charged $ 322,000 $ 217,000 Complete this question by entering your answers in the tabs below. Required 1 Required 2 How much, if any, of the actual Maintenance Department costs for the year should be treated as a spending variance and not charged to the Forming and Assembly departments? Spending variance