Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Using step-down method how much overhead costs will be allocated from S2 to P1? Select one: 0 $21,467 $21,000 x $75,133 O $26,133 The correct
Using step-down method how much overhead costs will be allocated from S2 to P1? Select one: 0 $21,467 $21,000 x $75,133 O $26,133 The correct answer is: $75,133 Using reciprocal method how much overhead costs will be allocated from $1 to P1? Select one: $94,063 $23,517 $70,438 O $32,922 The following information is applied to Q8, Q9 and Q10. 51 and 52, and two production departments, P1 and P2 each of which produces a single product. The current costs of each department are: Service Departments Production departments Si $84,000 P1 $90,000 52 $63,000 P2 $120,000 The distribution and consumption of services is given in the following table: Services provided to: - S1 S2 P1 P2 Services provided by: S1 - 40% 25% 35% S2 10% - 70% 20% Using direct method how much overhead costs will be allocated from $1 to P1? Select one: $49,000 X o 0 0 $34,000 $35,000 $14,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started