Requirement- (b) from Third allocation of AS costs to last total budgeted overhead of operating departments can you check my work why its showing incorrect please
I am confused about this math problem last part ( red mark) i want someone check for me my work. somewhere i made mistake but don't understand where i made mistake & how to solved. help me please
Belore interdepartment cost allocations First allocation of AS costs $ 300,000 $ 3,000,000 $ 8,750,000 $ 12,470,000 $24,520,000 (300,000) 75,000 135,000 90.000 3,075,000 307,500 (3,075,000) 830,250 1,937,250 (307,500) 76,875 138,375 92,250 7,688 (76,875) 20,756 48.431 (7,688) 1,922 2,306 3.459 First allocation of IS costs Second allocation of AS costs Second allocation of IS costs Third allocation of AS costs Third allocation of IS costs Fourth allocation of AS costs Fourth allocation of IS costs Fifth allocation of AS costs Fifth allocation of IS costs 192 (1.922) (192) Total budgeted overhead of operating departments $9.878.461 $14.841,538 $24.520.000 Enter any number in the edit fields and then click Check Answer the step-down method (AS department ist, HUDIO BOOM tems (IS)and two operating ag i Data Table O e AS SUPPORT OPERATING IS GOVT CORP Total 300,000 $ 3,000,000 $ 8,750,000 $ 12,470.000 $ 24,520,000 30% 100% 1 . S $ 0 Budgeted overhead costs before any interdepartment cost allocations Support work supplied by AS (budgeted head count) Support work supplied by IS (budgeted computer time) 45% 2 25% 63% 100% 6 - Done Pu sl qual UI 2011, drs are as TOOWS: (Click the icon to view the direct method.) 0 Direct method Support Departments Operating Departments GOVT CORP 3,00 ASSIS Total 3,07 (3,075 Direct Method Budgeted overhead costs before interdepartment cost allocations Allocation of AS costs Allocation of Is costs Total budgeted overhead of operating departments 300,000 $ (300.000) 3,000,000 $ 8,750,000 $ 12,470,000 $ 24,520,000 180,000 120,000 (3,000,000) 900,000 2,100,000 0$ 9,830,000 $ 14,690,000 $ 24,520,000 Print Done Click the icon to view the step down method (AS first) Step-down method (AS first) Support Departments AS IS Operating Departments GOVT CORP Total Step down Method Budgeted overhead costs before interdepartment cost allocations Allocation of AS costs $ 300,000 $ (300,000) 12,470,000 $ 24,520,000 90,000 3,000,000 $ 8.750,000 $ 75,000 135,000 3.075,000 3,075,000) 922.500 0 $ 9.807.500 $ Allocation of Is costs Total budgeted overhead of operating departments 2.152.500 14,712,500 $ 24,520,000 Print Done 59,878,401 $14,641,636 524.620.000 plususic allocations are as follows: rvices IAS and inomauon systems (IS) and two opurdung GOVT) and corporate consulting (CORP). For the first quarter of 2017, llowing: veds.) Step-down method (IS first) Support Departments Operating Departments GOVT CORP Total tions Step-down Method Budgeted overhead costs before interdepartment cost allocations Allocation of costs 300,000 $ 300,000 3,000,000 $ 8.750.000 $ (3,000,000) 810.000 12,470,000 $ 24.520,000 1.800,000 600,000 (600,000) 360.000 0.020,000 $ 240,000 14,800.000 $ 24,520,000 Allocation of AS costs Total budgeted overhead of operating departments Print Done $0 $9,878.461 $14.641,538 524,520.000 i Reference 50,00 35,00 GOVT 330,25 138,37 20,75 3.45 Direct method Step-down (AS first) Step-down (IS first) 1,080,000 $ 1,057,500 1,170,000 CORP 2,220,000 2,242,500 2,130,000 Print Done Requirements 1. Allocate the two support departments' costs to the two operating departments using the reciprocal method. Use (a) linear equation and (b) repeated iterations. Compare and explain differences in requirement 1 with those of the direct method and the step down method. Which method do you prefer? Why? 2. Print Done Belore interdepartment cost allocations First allocation of AS costs $ 300,000 $3,000,000 $ 8,750,000 $ 12,470,000 $24,520,000 (300,000) 75.000 135,000 90,000 3,075,000 307,500 (3,075,000) 830,250 1,937 250 (307,500) 76,875 138,375 92,250 7,688 (76,875) 20,756 48.431 (7.688) 1922 192 First allocation of IS costs Second allocation of AS costs Second allocation of IS costs Third allocation of AS costs Third allocation of IS costs Fourth allocation of AS costs Fourth allocation of IS costs Fifth allocation of AS costs Fifth allocation of IS costs Total budgeted overhead of operating departments (192) $14.841,538 $24.520.000 Enter any number in the edit fields and then click Check
