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Questions Exercise 03.25 Question 1 of 3 Check My Work 2. Exercise 3-25 Service Department Cost Allocation The Sawyer Company has two service departments and
Questions Exercise 03.25 Question 1 of 3 Check My Work 2. Exercise 3-25 Service Department Cost Allocation The Sawyer Company has two service departments and two production departments. The following data are available from last year 3. Service Service Production Production 63,000 $42,000 $200,000 $100,000 costs Number of transactions 10,000 12,000 14,000 6,000 Square feet occupied 2,000 1,000 3,000 2,000 The costs of Service Departments 1 and 2 are allocated on the basis of number of transactions and square feet occupied, respectively In completing the requirements below, if an amount box requires no entry, enter zero ("O") or leave it blank; Use the minus sign to indicate any negative values or deductions; For interim allocation rates, round to 3 decimal places if using a percentage (66.667%) or 5 decimal places (.66667) if using a decimal in your computations. Use your rounded answer for subsequent calculations. Required: A. Assuming that the Sawyer Company allocated service department costs by the direct method, how much overhead would be allocated from each service department to each producing department? Enter negative values as negative numbers Service Departments Producing Departments Service Dept. 1 Service Dept. 2 Departmental costs before allocation 9:32 AM Wed Feb 27 100% any negative values or deductions; For interim allocation rates, round to 3 decimal places if using a percentage (66.667%) or 5 decimal places (.66667) if using a decimal in your computations. Use your rounded answer for subsequent calculations. A. Assuming that the Sawyer Company allocated service department costs by the direct method, how much overhead would be allocated from each service department to each producing department? Enter negative values as negative numbers Service Departments Producing Departments Service Dept. 1 Service Dept. 2 Departmental costs before allocation Allocation: Service Dept. 1 Allocation: Service Dept. 2 Departmental costs after allocation B. Assuming that the Sawyer Company allocated service department costs by the step-down method, starting with Service Department 1, how much overhead would be allocated from each service department to each producing department? Enter negative values as negative Service Departments Producing Departments Service Dept. 1 Service Dept. 2 Departmental costs before allocation Allocation: Service Dept. 1 Allocation: Service Dept. 2 Departmental costs after allocation Check My Work 0- Icon Key Exercise 03.25 Question 1 of 3 Save Exit Submit t for Grading
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