Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

what do you need? i updated and gave everything there is The Heightened Hill Company has prepared department overhead budgets for budgeted-volume levels before allocations

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

what do you need? i updated and gave everything there is
The Heightened Hill Company has prepared department overhead budgets for budgeted-volume levels before allocations as follows: (Click the icon to view the department overhead budgets.) Support departments: Building and grounds Personnel General plant administration Cafeteria: Operating loss Storeroom Operating departments: Machining Assembly $13,500 1,719 28,668 1,880 10,880$ 56,647 $34,700 48,900 83,600 Total for support and operating departments 140,247 the following: E= (Click the icon to view the data.) A Basis used is number of employees Requirement 3 . Based on the information about two jobs, determine the total overhead costs for each job by using rates developed in (a) requirement 1 and (b) requirement 2 . Start by computing the total overhead costs for each job using the rates developed in (a) requirement 1 (the step-down method.) (Round the total overhead costs to the nearest cent.) Now compute the total overhead costs for each job using the rates developed in (b) requirement 2 (the direct method). (Round the total overhead costs to the nearest cent.) (b) Direct method: Total Overhead Costs Job 88: Machining Assembly Total cost of Job 88 Job 89: Machining Assembly Total cost of Job 89 a minus sign when decreasing departments by allocating costs.) Requirement 2. Using the direct method, rework requirement 1. Using the direct method, allocate support-department costs. (Round cost allocations to the nearest whole dollar. Use parentheses or a minus sign when decreasing departments by allocating costs.) The Heightened Hill Company has prepared department overhead budgets for budgeted-volume levels before allocations as follows: (Click the icon to view the department overhead budgets.) Support departments: Building and grounds Personnel General plant administration Cafeteria: Operating loss Storeroom Operating departments: Machining Assembly $13,500 1,719 28,668 1,880 10,880$ 56,647 $34,700 48,900 83,600 Total for support and operating departments 140,247 the following: E= (Click the icon to view the data.) A Basis used is number of employees Requirement 3 . Based on the information about two jobs, determine the total overhead costs for each job by using rates developed in (a) requirement 1 and (b) requirement 2 . Start by computing the total overhead costs for each job using the rates developed in (a) requirement 1 (the step-down method.) (Round the total overhead costs to the nearest cent.) Now compute the total overhead costs for each job using the rates developed in (b) requirement 2 (the direct method). (Round the total overhead costs to the nearest cent.) (b) Direct method: Total Overhead Costs Job 88: Machining Assembly Total cost of Job 88 Job 89: Machining Assembly Total cost of Job 89 a minus sign when decreasing departments by allocating costs.) Requirement 2. Using the direct method, rework requirement 1. Using the direct method, allocate support-department costs. (Round cost allocations to the nearest whole dollar. Use parentheses or a minus sign when decreasing departments by allocating costs.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions