The company has decided to simplify its method of allocating support service costs by switching to the d Required: 1. Allocate the costs of the support departments to the producing departments using the direct method. digits. Round allocated costs to the nearest dollar. Use the rounded values for subsequent calculations. Allocation ratios: Assembly Finishing 0.5 Square footage Number of receiving orders 0.5 0.6222 Allocations: Assembly Finishing General Factory $ 200,000 $200,000 Receiving 199,552 60,432 Direct costs Total 2. Using direct labor hours, compute departmental overhead rates. (Round to the nearest cent.) Overhead Rate Check Myggfork All work saved. Email Instructor MacBook Air Calculator Number of receiving orders 0.1 0.56 0.34 Allocations: Direct overhead cost General Factory General Factory $400,000 424,490 24,490 EMO Receiving $160,000 84,898 -244,898 O Assembly $ 43,000 169,796 137,143 $349,939 Finishing $ 74,000 169,796 83,265 $ 327,061 Receiving Total 2. Using direct labor hours, compute departmental overhead rates. (Round to the nearest cent.) Overhead Rate Assembly $ 14 per direct labor hour Finishing $ 8 .3 x per direct labor hour 20 Feedback 7 Chochwy Wor 1. Support department costs must be allocated to the producing departments so that the producing depar rates. cos oss mul must 2. See Cornerstone 7.5 for an example on how to compute overhead rates Check My All work saved. Email instructor Swea MacBook Air The company has decided to simplify its method of allocating support service costs by switching to the d Required: 1. Allocate the costs of the support departments to the producing departments using the direct method. digits. Round allocated costs to the nearest dollar. Use the rounded values for subsequent calculations. Allocation ratios: Assembly Finishing 0.5 Square footage Number of receiving orders 0.5 0.6222 Allocations: Assembly Finishing General Factory $ 200,000 $200,000 Receiving 199,552 60,432 Direct costs Total 2. Using direct labor hours, compute departmental overhead rates. (Round to the nearest cent.) Overhead Rate Check Myggfork All work saved. Email Instructor MacBook Air Calculator Number of receiving orders 0.1 0.56 0.34 Allocations: Direct overhead cost General Factory General Factory $400,000 424,490 24,490 EMO Receiving $160,000 84,898 -244,898 O Assembly $ 43,000 169,796 137,143 $349,939 Finishing $ 74,000 169,796 83,265 $ 327,061 Receiving Total 2. Using direct labor hours, compute departmental overhead rates. (Round to the nearest cent.) Overhead Rate Assembly $ 14 per direct labor hour Finishing $ 8 .3 x per direct labor hour 20 Feedback 7 Chochwy Wor 1. Support department costs must be allocated to the producing departments so that the producing depar rates. cos oss mul must 2. See Cornerstone 7.5 for an example on how to compute overhead rates Check My All work saved. Email instructor Swea MacBook Air
