Give it correctly please and typed 30% Repas3. A manufacturing company has two production departments, Machining andAssembly, and two service departments, Repairs and Quality Control. Thefollowing information is available.Allocated/apportionedoverhead costsWork done by the servicedepartments: RepairsQuality ControlRequiredQualityTotalMachining Assembly Repairs control$60,000 $25,000$20,000 $7,000 $8,000100% 60%10%30%100% 30%50%20%The costs of the two service departments should be apportioned to theproduction departments, to establish the total overhead costs for each productiondepartment

Apportioning Service Department Costs with Detailed ExplanationUnderstanding the Problem:Imagine a…

Answered: 30% Repas 3. A manufacturing company…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 8MC: What is the conversion cost to manufacture insulated travel cups if the costs are: direct materials,...

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(Appendix 4B) Assigning Support Department Costs by Using the Direct Method Sanjay Company manufactures a product in a factory that has two producing departments, Assembly and Painting, and two support departments, S1 and S2. The activity driver for S1 is square footage, and the activity driver for S2 is number of machine hours. The following data pertain to Sanjay: Support Departments Producing Departments S1 S2 Assembly Painting Direct costs $200,000 $140,000 $115,000 $96,000 Normal activity: Square footage — 500 1,875 625 Machine hours 337 — 3,200 12,800 Required: 1. Calculate the cost assignment ratios to be used under the direct method for Departments S1 and S2. (Note: Each support department will have two ratios—one for Assembly and the other for Painting.) Round your answers to two decimal places. Assembly Painting S1 fill in the blank 1 fill in the blank 2 S2 fill in the blank 3 fill in the blank 4 2. Allocate the support department…
The following departmental data are for Alpha Company: Line Item Description Support Department Power Producing Departments Grinding Producing Departments Assembly Direct overhead costs $300,000 $250,000 $100,000 Expected activity: Kilowatt-hours 400,000 100,000 If calculated through the direct method, the support department costs assigned to the grinding department are: a. $240,000. b. $150,000. c. $350,000. d. $100,000.
Estimated costs for activity cost pools and other item(s) are as follows: Machining $500000 Assembling 270000 Advertising 450000 Inspecting and testing 245000 Total estimated overhead is $1220000. $1015000. $1465000. $770000.
Appendix 4B) Assigning Support Department Costs by Using the Direct Method Quillen Company manufactures a product in a factory that has two producing departments, Cutting and Sewing, and two support departments, S1 and S2. The activity driver for S1 is number of employees, and the activity driver for S2 is number of maintenance hours. The following data pertain to Quillen: Support Departments Producing Departments S1 S2 Cutting Sewing Direct costs $180,000 $150,000 $122,000 $90,500 Normal activity: Number of employees — 30 63 147 Maintenance hours 1,200 — 16,000 4,000 Required: 1. Calculate the cost assignment ratios to be used under the direct method for Departments S1 and S2. (Note: Each support department will have two ratios—one for Cutting and the other for Sewing.) Enter your answers as decimal values. S1 S2 Cutting Sewing 2. Allocate the support department costs to the producing departments by using the direct method. Use a…
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Sequential (Step) Method of Support Department Cost Allocation Chekov Company has two support departments, Human Resources and General Factory, and two producing departments, Fabricating and Assembly. Support Departments Producing Departments HumanResources GeneralFactory Fabricating Assembly Direct costs $165,000 $380,000 $114,200 $90,000 Normal activity: Number of employees — 40 70 150 Square footage 1,800 — 5,500 13,200 The costs of the Human Resources Department are allocated on the basis of number of employees, and the costs of General Factory are allocated on the basis of square footage. Now assume that Chekov Company uses the sequential method to allocate support department costs. The support departments are ranked in order of highest cost to lowest cost. Required: 1. Calculate the allocation ratios (rounded to four significant digits) for the four departments using the sequential method. If an amount is zero, enter "0". Use the rounded…
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12) Extreme Manufacturing Company provides the following ABC costing information: drivers Total Costs Activity-cost $280,000 $350,000 $93,750 $29,000 $752,750 Account inquiry Account billing 14,000 hours 7,000,000 lines Account verification accounts 50,000 accounts Correspondence letters Total costs 4,000 letters Dr.Audeh Ah 3 The above activities are used by Departments A and B as follows: Department A Department B Account inquiry hours Account billing lines 2100 hours 3600 hours 500,000 lines 350,000 lines Account verification accounts 7,000 accounts 5,000 accounts Correspondence letters 1200 letters 1600 letters How much of the total costs will be assigned to Department A? A) $88,825 B) $118,825 C) $120,000 D) $85,075
INSTRUCTIONS: Answer ALL the following questions. ☐ Eastern Enterprises has three departments; Welding, Assembly and Spraying. Welding calculates its predetermined overhead absorption rate based on machine hours; Assembly is based on direct labour hours while Spraying is based on direct labour cost. On 2021 January 01, the company had the following estimates: WELDING ASSEMBLY SPRAYING Production overhead costs $720 000 $700 000 $412 500 Direct labour cost $35.000 $120 000 $150 000 Machine hours 36 000 2 500 5.000 Direct labour hours 4.000 20 000 8.000 The labour rate is $150 per hour for all departments. Job 303A which was started and completed during the year showed the following: WELDING ASSEMBLY SPRAYING Direct material Direct labour hours Machine hours $5.500 80 800 $7 200 $9 500 150 100 100 50 Rental of equipment for job 303A will amount to $35 275. Additional Information: Eastern Enterprises recovers selling, distribution and administrative overheads at a rate of 20% of…
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Chapter) 254 Numbers 10 to 21 are based on the following data: service annual departments to the producing departments on the baside available: better that maintenance and engineering service hours be used service cost allocation basis. The following data was Producing Departments Dept. B Service Departments Dept. A Dept. C Maintenance Engineering 400 Maintenance hours Engineering hours Overhead costs 800 800 200 400 P90,000 200 400 P50,000 400 P80,000 P54,000 P12,000 p0ol method) whot
ABC Company has an ABC system with three pools: Total cost in cost pool Total $13,000 Activity Product X Machine setups Customer service Maintenance Cost Driver Product Y #setups #orders machine- hours $6,000 $10,000 Compute total capacity costs allocated to product X. Group of answer choices $29,000 $9,000 $18,500 $5,000 not enough information Activity volume (#cost driver units) 45 15 25 20 65 5 20 25 50

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