%x P15-30 (similar to) = Question The Downhill Dash Company has prepared department overhead budgets for budgeted-volume levels before allocations as follows: (Click the icon to view the department overhead budgets.) Management has decided that the most appropriate inventory costs are achieved by using individual department overhead rates. These rates are developed after support-department costs are allocated to operating departments. Bases for allocation are to selected from the following: (Click the icon to view the data.) x Data Table Read the requirements. Using the step-down method, allocate support-department costs. Allocate the costs of the support departments in the order given in this problem. (Roy parentheses or a minus sign when decreasing departments by allocating costs.) Support Departments Operating Departments Square Feet of Direct Floor Indirect Manufacturing Number of Space Manufacturing Number of Labor-Hours Employees Occupied Labor-Hours Requisitions General Cafeteria Plant Bldg and Grounds 24000 Admin. Operating Loss 800 0 0 0 0 Personnel 400 0 Storeroom 6940 Machining 35000 Assembly 46000 Costs incurred 36460 0 0 6,000 0 0 Allocation of costs: Department Building and grounds Personnel General plant administration Cafeteria: operating loss Storeroom Machining 0 40 12,000 0 0 (24000) Building and grounds 0 5 3,000 0 1,000 3,000 Personnel 0 5 0 General plant administration 60 4,000 24,000 31,000 5,000 15,000 6,000 8,000 15,000 90 2,000 Cafeteria Assembly 20,000 200 80,000 27,000 8,000 Storeroom Total aBasis used is number of employees Enter any number in the edit fields and then click Check Answer. 6 parts remaining Clear All Print Done % P15-30 (similar to) Question Help follows: The Downhill Dash Company has prepared department overhead budgets for budgeted-volume levels before allocations E: (Click the icon to view the department overhead budgets.) Management has decided that the most appropriate inventory costs are achieved by using individual department overhead rates. These rates are developed after support-department costs are allocated to operating departments. Bases for allocation are to be selected from the following: (Click the icon to view the data.) Read the requirements. Using the step-down method, allocate support-department costs. Allocate the costs of the support departments in the order given in this problem. (Round all indirect allocation rates to the nearest cent and all other computations to the nearest whole dollar. Use parentheses or a minus sign when decreasing departments by allocating costs.) Support Departments Operating Departments Data Table General Cafeteria Bldg and Plant Operating Grounds Personnel Admin. Loss Storeroom Machining Assembly Support departments: Costs incurred 24000 400 364601 800 6940 35000 46000 Building and grounds $ 24,000 Personnel 400 Allocation of costs: (24000) General plant administration 36,460 Building and grounds Cafeteria: Operating loss 800 Personnel 6.940 Storeroom 68,600 General plant administration Operating departments: Cafeteria Machining $ 35,000 46,000 81,000 Storeroom Assembly $ 149,600 Enter any number in the edit fields and then click Check Answer. Total for support and operating departments 6 parts remaining Clear All Print Done The Downhill Dash Company has prepared department overhead budgets for budgeted-volume levels before allocations as follows: E (Click the icon to view the department overhead budgets.) Management has decided that the most appropriate inventory costs are achieved by using individual department overhead rates. These rates are developed after support-department costs are allocated to operating departments. Bases for allocation are to be selected from the following: E: (Click the icon to view the data.) Read the requirements x Requirements whole dollar. Use Using the step-down method, allocate support-department costs. Allocate the costs of the support departments in the order given in this problem. (R parentheses or a minus sign when decreasing departments by allocating costs.) Operating Departments Bldg and Grounds 24000 Support Departments General Cafeteria Plant Operating Personnel Admin. Loss 400 36460 800 Storeroom 6940 Machining 35000 Assembly 46000 1. Using the step-down method, allocate support department costs. Develop overhead rates per direct manufacturing labor-hour for machining and assembly. Allocate the costs of the support departments in the order given in this problem. Use the allocation base for each support department you think is most appropriate 2. Using the direct method, rework requirement 1 3. Based on the following information about two jobs, determine the total overhead costs for each job by using rates developed in (a) requirement 1 and (b) requirement 2. Costs incurred Allocation of costs: (24000) Building and grounds Personnel Direct Manufacturing Labor-Hours Machining Assembly General plant administration Job 88 18 6 Cafeteria Storeroom Enter any number in the edit fields and then click Check Answer. Job 89 3 15 4. The company evaluates the performance of the operating department managers on the basis of how well they managed their total costs, including allocated costs. As the manager of the Machining Department, which allocation method would you prefer from the results obtained in requirements 1 and 2? Explain. parts remaining Clear All ver