FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following information is departmental cost allocation with two service departments and two production departments Percentage Service Provided to S2 25% P1 30% 20 P2

image text in transcribed

The following information is departmental cost allocation with two service departments and two production departments Percentage Service Provided to S2 25% P1 30% 20 P2 45% 60 S1 Cost $48,000 Department Service 1 (S1) Service 2 (S2) Production 1 (P1) Production 2 (P2) 0% 38,000 20 0 280,000 330,000 What is the total cost in P1 and in P2 after allocation using the direct method? Total Cost P1 P2

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_2

Step: 3

blur-text-image_3

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

Effective Internal Auditing

Effective Internal Auditing

Authors: Manuel E. Peña-Rodríguez

1st Edition

1736742922, 978-1736742921

More Books

Students also viewed these Accounting questions

Question

★★★★★
Should health care providers always tell the truth to their patients even if the truth may cause pain or distress?

Answered: 1 week ago

Question

★★★★★
The graph shows how the average surface water temperature f of Lake Michigan varies over the course of a year (where t is measured in months with t = 0 corresponding to January 1). The average was...

Answered: 1 week ago

Question

★★★★★
Custodial parents consent to therapy for their children. Children cannot legally provide consent because of their minor status; instead, they give assent.

Answered: 1 week ago

Question

★★★★★
Fifteen adult males between the ages of 35 and 50 participated in a study to evaluate the effect of diet and exercise on blood cholesterol levels. The total cholesterol was measured in each subject...

Answered: 1 week ago

Question

★★★★★
Watson's lawn mowing service recently reported (in millions) $8,250 of sales, $5,750 of operating costs other than depreciation, and $650 of depreciation. There was company had $3,200 of outstanding...

Answered: 1 week ago

Question

★★★★★
(a) Under the Commerce clause, explain when a federal governments law or business regulation can be voided as Unconstitutional and give a business example of this. (b) Also, now under the Dormant...

Answered: 1 week ago

Question

★★★★★
Charles had been drinking heavily and had an argument with his ex-girlfriend. He threatened to burn her house down. A short time later he set fire to some cardboard boxes on the porch, causing...

Answered: 1 week ago

Question

★★★★★
A company produces three products, Y1, Y2, and Y3 in the same process.The data below reflects average monthly results: Y1 Y2 Y3 Monthly output (kg) 40,000 20,000 20,000 Sales Value at split off...

Answered: 1 week ago

Question

★★★★★
By implementing the JIT system, a pull system technique will be used to ensure a smooth flow on the factory floor. JIT system implementation requires more than just the production floor; it also...

Answered: 1 week ago

Question

★★★★★
You will apply operations management ideas to real-world scenarios in this exercise. This course will allow you to start constructing an operation management strategy by writing a paper on a company...

Answered: 1 week ago

Question

★★★★★
X-Corp. uses first in first out for its process costing Materials are issued 100% when work order is created Beginning WIP: conversion costs 50% complete Ending WIP : conversion costs 30% complete...

Answered: 1 week ago

Question

★★★★★
The interest in developing know-how, often through foreign sources, has led to the development and uptake of training in HRM through the universities and through foreign companies.

Answered: 1 week ago

Question

★★★★★
The entry of foreign organizations with more attractive compensation packages and work is also causing problems of retention in state-owned and justprivatized organizations, and there is a need to...

Answered: 1 week ago

Question

★★★★★
Pay and benefits. Evidence suggests a significant departure from the old centralized mode, particularly for managers, professionals and technicians, with pay for clerical and manual workers still...

Answered: 1 week ago

Previous Question Next Question