Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following information relates to Question 1 and 2. Kelsie Manufacturing Ltd has two support departments (Personnel and Janitorial) that provides services to two manufacturing

image text in transcribed
image text in transcribed
The following information relates to Question 1 and 2. Kelsie Manufacturing Ltd has two support departments (Personnel and Janitorial) that provides services to two manufacturing departments (Assembly and Finishing). The Personnel Department cost is allocated based on employees and the Janitorial Department cost is allocated based on space. The following information is available. User of Services Support Departments Manufacturing Departments Janitorial Personnel Assembly Finishing Budgeted cost ($) 30,000 45,000 120,000 200,000 No. of employees 5 5 5 35 Space (sq m) 21,000 45,000 34,000 Direct labor hours 40,000 Machine hours 30,000 60 Question 1 Using the step-down method, calculate the total cost that is allocated out from the Janitorial Department. Please round your answer to the nearest dollar. $ 39450 Incorrect answer. Your last answer was interpreted as follows: 39450 Question 2 What is the total budgeted overhead cost of the Assembly department that is used to compute its departmental overhead rate? Please round your answer to the nearest dollar Question 2 What is the total budgeted overhead cost of the Assembly department that is used to compute its departmental overhead rate? Please round your answer to the nearest dollar. $ 33503 Incorrect answer. Your last answer was interpreted as follows: 33503 Incorrect answer. A correct answer is 32,250, which can be typed in as follows: 32250 A correct answer is 154, 120, which can be typed in as follows: 154120

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

Study Guide With Working Papers, Chapters 1-9 For Heintz/Parrys College Accounting

Authors: James A. Heintz, Robert W. Parry

21st Edition

1285059379, 9781285059372

More Books

Students also viewed these Accounting questions

Question

=+ What does the usage of these products abroad look like?

Answered: 1 week ago