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Use the following information: Percentage Service Provided to Department Cost S1 S2 P1 P2 Service 1 (S1) $ 115,000 0 % 25 % 30 %
Use the following information:
| Percentage Service Provided to | |||||||||||||||
| Department | Cost | S1 | S2 | P1 | P2 | ||||||||||
| Service 1 (S1) | $ | 115,000 | 0 | % | 25 | % | 30 | % | 45 | % | |||||
| Service 2 (S2) | 47,000 | 20 | 0 | 20 | 60 | ||||||||||
| Production 1 (P1) | 375,000 | ||||||||||||||
| Production 2 (P2) | 246,000 | ||||||||||||||
| Total | $ | 783,000 | |||||||||||||
QUESTION:
What percentage of S2s costs is allocated to P1 and to P2 under the direct method?
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
