Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Vicente Inc. has two producing departments (P1 and P2) and two service departments (S1 and S2). The following information was provided, regarding the percentages



Vicente Inc. has two producing departments (P1 and P2) and two service departments (S1 and S2). The following information was provided, regarding the percentages of services given by the service departments: S1 Direct costs S1 S2 25 S2 10 P1 P440,000 P2 P360,000 58.5 30 31.5 45 After allocating the service department costs using the direct method, P1's total cost amounted to P900,000 and P2's total cost amount to P800,000. 1) How much service cost from S1 is allocated to P2?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To solve this problem we need to use the direct method of service department cost allocation Gi... 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

Managerial Accounting

Authors: Kurt Heisinger, Joe Ben Hoyle

2nd edition

1453375723, 1453375724, 978-1453375716

More Books

Students also viewed these Accounting questions

Question

accured revenues

Answered: 1 week ago