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The ones that are blank I need the answers too. 0 Support Producing Departments Departments Human General Resources Factory Fabricating Assembly Direct costs $160,000 $350,000
The ones that are blank I need the answers too.
0 Support Producing Departments Departments Human General Resources Factory Fabricating Assembly Direct costs $160,000 $350,000 $114,800 $94,000 Normal activity: Number of 60 BD 170 ernployees Square 1,000 5,700 13,300 footage The costs of the Human Resources Department are allocated on the basis of number of employees, and the costs of General Factory are allocated on the basis of square footage. Now assume that Valton Company uses the reciprocal method to allocate support department costs. Required: 1. Calculate the allocation ratios (rounded to four significant digits) for the four departments using the reciprocal method. If an amount is zero, enter 'O". Use the rounded values for subsequent calculations. Proportion of Driver Used by Human General Resources Fabricating Assembly Factory Human 0 0.1935 Resources 0.2581 0.5484 General Factory 0.0500 0.2850 0.6650 2. Develop a simultaneous equations system of total costs for the support departments. If required, round your answers to four decimal places. Use these numbers for subsequent calculations. If required, round all other intermediate calculations to six decimal places, except the answers computed in requirement 1. Human 0.05 - $ 160,000 + Resources (HR) (GF) General Factory - $350,000+ 0.1935 (GF) (HR) Salve for the total redprocated costs of each support department. (Round reciprocated total costs to the nearest dollar.) Human Resources (HR) # 178,229 X General Factory (GF) $ 177,500 3. Using the reciprocal method, allocate the costs of the Human Resources and General Factory departments to the Fabricating and Assembly departments. Round all allocated costs to the nearest dallar. If an amount is zero, enter 'o'. Note: There may be a "$1" difference due to intermediate rounding. Support Departments Producing Departments Human General Fabricating Assembly Resources Factory Direct costs $ 160,000 $350,000 S 114,800 94,000 Allocate: Human Resources General Factory Total after s 0 allocationStep by Step Solution
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