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Requirements 1a to 1c please. 2 Required information Problem 17-25 Dual Allocation of Service Department Costs (LO 17-1, 17-21 The following information applies to the
Requirements 1a to 1c please.
2 Required information Problem 17-25 Dual Allocation of Service Department Costs (LO 17-1, 17-21 The following information applies to the questions displayed below! Tompa Instrument Company manufactures gauges for construction machinery. The company has two production departments Machining and Assembly. There are three service departments. Maintenance Human Resources (HR. and Computer Aided Design (CAD). The usage of these service departments output during the year just completed is as follows: Provision of Service Output (in hours of service) Provider of Service User of Service HR Maintenance CAD HR Maintenance 500 CAD 500 500 Machining 4,000 4,000 4,000 Assembly 5,000 4,500 Total 20,800 9,000 5,000 2, een The budgeted costs in Tampa Instrument Company's service departments during the year are as follows: HR Variable$ 59.000 Fixed 280,000 Total $339,000 Maintenance CAD $ 92,000 $ 59,900 242,000 340,000 $ 334,000 $399,000 When Tampa Instrument Company established its service departments, the following long run needs were anticipated Long-Run Service Needs in hours of service) Provider of Service User of HR Service Maintenance CAD HR Maintenance 1,000 CAD 1,500 1,700 Machining 3,000 5,000 4,000 Assembly 4.500 2,300 1,000 Total 18,000 9,880 5,000 Required: Use dual cost allocation in conjunction with each of the flowing methods to allocate Tampa Instrument Company's service department costs direct method atd (2) step down method. Problem 17-25 Part 1 1. Direct method combined with dual allocation a. Variable costs b. Fixed costs c. Total costs allocated Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 1C Direct method combined with dual allocation for variable costs. (Do not own intermediate calculations Round your fin Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Direct method combined with dual allocation for variable costs. (Do not round answers to the nearest dollar amount.) Provider of Service Production Departments Machining Assembly HR Maintenance CAD Total variable cost $ 0 $ 0 Reg 1 Req 1B Problem 17-25 Part 1 1. Direct method combined with dual allocation. a. Variable costs b. Fixed costs c. Total costs allocated -S Complete this question by entering your answers in the tabs below Req 1A Req 1B Req 1C Direct method combined with dual allocation for fixed costs. (Do not round to the nearest dollar amount.) Provider of Service Production Departments Machining Assembly HR Maintenance CAD Total fixed cost $ 0 $ 0 Step by Step Solution
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