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Required information [The following information applies to the questions displayed below.) The following information is departmental cost allocation with two service departments and two production
Required information [The following information applies to the questions displayed below.) The following information is departmental cost allocation with two service departments and two production departments. Department Service 1 (51) Service 2 (52) Production 1 (P1) Production 2 (P2) Cost $ 37,000 27,000 170,000 220,000 Percentage Service Provided to S1 S2 P1 P2 0% 40% 30% 30% 25 30 45 What is the amount of service department cost allocated to P1 and P2 using the direct method? Total Cost Allocated P1 P2 What is the total cost in P1 and P2 after allocation using the direct method? Total Cost P1 P2 What is the total cost in P1 and P2 and what is the amount of service department cost allocated to P1 and P2 using the step method with S1 going first? P1 P2 Service Department Production Department What is the amount of service department cost allocated to P1 and P2 using the direct method if the cost in P1 is changed from $170,000 to $190,000? Total Cost Allocated P1 P2
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