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Sequentsal Method Jasmine Company manufactures both pesticide and liquid fertilizer, with each product manufactured in separate departments. Three support departments support the producticn departments: Power,
Sequentsal Method Jasmine Company manufactures both pesticide and liquid fertilizer, with each product manufactured in separate departments. Three support departments support the producticn departments: Power, Seneral Factory, and Purchasing. Budgeted data on the five departments are as follows: The company does not break overhead into fixed and variable components, The bases for allocation are power-machine hours; general factory-square feet; and purchasiny -parthase arders. The company has decided to use the sequential method of allocation instead of the direct method. The suppert departments are ranked in order of highest cost to lowest cost. Required: 1. Allocate the overhead costs to the producing departments using the sequential method. Carry out allocation ratios to four decimal places, Use these mumbers for subsequent calculations. Round allocated costs to the nearest dollar If an amount is zero, enter "0". 1. Allocate the overhead costs to the producing departments using the sequential method. Carry out allocation ratios to four decimal ploces. Use these numbers for subsequent calculations. Round allocated costs to the nearest dollar, If an amount is zero, enter " 0 ". Allocation ratios: Cost allocation: 3 more Crock My Wonk uses remanieng
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