Question
Use the following information and allocate departmental costs as requested. Percentage Service Provided to Department Cost S1 S2 P1 P2 Service 1 (S1) $ 34,000
Use the following information and allocate departmental costs as requested.
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| Percentage Service Provided to | |||||||||||||
| Department | Cost | S1 | S2 | P1 | P2 | ||||||||||
| Service 1 (S1) | $ | 34,000 |
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| 0 | % |
| 30 | % |
| 35 | % |
| 35 | % |
| Service 2 (S2) |
| 24,000 |
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| 25 |
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| 0 |
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| 30 |
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| 45 |
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| Production 1 (P1) |
| 140,000 |
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| Production 2 (P2) |
| 190,000 |
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What are the costs allocated from all service departments to P1 using the step method assuming S1 ranks first? What are the total costs for P1?
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Accounting For Non-Accounting Students
Authors: John R. Dyson, Ellie Franklin
9th Edition
978-1292128979, 1292128976
