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Question 11 2 pts PROBLEM 3 Thermal Corporation has two producing department and two service departments labelled P1, P2, S1, S2 respectively. Direct costs
Question 11 2 pts PROBLEM 3 Thermal Corporation has two producing department and two service departments labelled P1, P2, S1, S2 respectively. Direct costs for each department and the proportion of service costs used by various departments are as follows: Proportion of services used by: Cost Center Direct Costs S1 P1 P100,000 P2 P50,000 S1 P15,000 S2 P25,000 15% S2 P1 P2 50% 20% 30% 50% 35% In calculating predetermined overhead rates, machine hours are used as the base in P1 and direct labor hours as the base in P2. P1 P2 Machine hours 50,000 Direct labor hours 40,000 40,000 20,000 Allocate the service department costs to operating departments and compute the factory overhead rate for P1 and P2 using Direct Method How much is the Total Estimated OH of P2 after Service costs allocation? Round off to two decimal places Question 12 2 pts PROBLEM 3 Thermal Corporation has two producing department and two service departments labelled P1, P2, S1, S2 respectively. Direct costs for each department and the proportion of service costs used by various departments are as follows: Proportion of services used by: S2 Cost Center Direct Costs S1 P1 P100,000 P2 P50,000 S1 P15,000 S2 P25,000 15% P1 P2 50% 20% 30% 50% 35% In calculating predetermined overhead rates, machine hours are used as the base in P1 and direct labor hours as the base in P2. P1 P2 Machine hours 50,000 Direct labor hours 40,000 40,000 20,000 Allocate the service department costs to operating departments and compute the factory overhead rate for P1 and P2 using Step Method How much is the computed Departmental overhead rate for P1? Question 13 2 pts PROBLEM 3 Thermal Corporation has two producing department and two service departments labelled P1, P2, S1, S2 respectively. Direct costs for each department and the proportion of service costs used by various departments are as follows: Proportion of services used by: Cost Center Direct Costs S1 P1 P100,000 P2 P50,000 S1 P15,000 S2 P25,000 15% S2 P1 P2 50% 20% 30% 50% 35% In calculating predetermined overhead rates, machine hours are used as the base in P1 and direct labor hours as the base in P2. P1 P2 Machine hours 50,000 Direct labor hours 40,000 40,000 20,000 Allocate the service department costs to operating departments and compute the factory overhead rate for P1 and P2 using Step Method How much is the adjusted Estimated Overhead of P2 after service cost allocation?
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