Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

round to the nearest dollar. my math is wrong 15. Comprehensive support department allocations Management at C. Pier Press has decided to aliocate costs of

round to the nearest dollar. my math is wrong image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
15. Comprehensive support department allocations Management at C. Pier Press has decided to aliocate costs of the paper's two support departments (administration and human resources) to the two revenue-generating departments (advertising and circulation). Administration costs are to be allocated on the basis of dollars of assets employed: human resources costs are to be allocated on the basis of number of employees. The following costs and allocation bases are available: a. Using the direct method, allocate the support department costs to the revenuegenerating departments. Note: Round percentages in your calculation to the nearest whole percent (for example, round 34.5% to 35% ). Note: Round your final answer to the nearest whole dollar. Total service costs allocated to Advertising: Total service costs allocated to Circulation: e. Using the algebraic method, allocate the support department costs to the revenuegenerating departments. Enter the total amount of service department costs (Administration and Human Resources) allocated to revenue-generating departments (Adverting and Circulation). Note: Round percentages in your calculation to the nearest whole percent (for example, round 34.5% to 35% ). Note: Round your final answer to the nearest whole dollar. Total service costs allocated to Advertising: $ Total service costs allocated to Circulation: $ f. Using your answer to (e), what are the total costs of the revenue-generating departments after the allocations? Advertising total costs $ Circulation total costs $ b. Using your answer to (a), what are the total costs of the revenue-generating departments after the allocations? Advertising total costs \$ Circulation total costs $ c. Assuming that the benefits-provided ranking is the order shown in the table, use the step method to allocate the support department costs to the revenue-generating departments. Enter the total amount of service department costs (Administration and Human Resources) allocated to revenue-generating departments (Adverting and Circulation). Note: Round your final answers only to the nearest whole dollar. Total service costs allocated to Advertising: \$ Total service costs allocated to Circulation: $ Advertising total costs $ Circulation total costs $ a. Using the direct method, allocate the support department costs to the revenuegenerating departments. Note: Round percentages in your calculation to the nearest whole percent (for example, round 34.5% to 35% ). Note: Round your final answer to the nearest whole dollar. Total service costs allocated to Advertising: Total service costs allocated to Circulation: AD533,680/1,842,890=0.289=0.29% HR 1,309,210/1,842,890=0.710=0.71% AD8/26=0.307=0.31% HR 18/26=0.692=0.70%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Web Applications A Complete Guide

Authors: Gerardus Blokdyk

1st Edition

1038803721, 978-1038803726

More Books

Students also viewed these Accounting questions