A company with two producing departments and two support departments has the following data: Support Departments Producing Departments General Factory Purchasing Power Pesticide Liquid Fertilizer Direct overhead $312,000 $169,000 $80,000 $78,800 $107,700 Square footage 1,500 1,500 4,200 4,800 Machine hours 1,403 1,345 24,000 8,000 Purchase orders 40 7 20 120 60 Use the sequential method to allocate the support department costs to the producing departments. (Round allocation percentages to 4 significant digits) General factory to Pesticide and Fertilizer, respectively (you only need to indicate these two numbers) Nearest dollar Purchasing to Pesticide and Fertilizer, respectively (you only need to indicate these two numbers) Nearest dollar Power to Pesticide and Fertilizer, respectively using machine hours, compute the departmental predetermined overhead rates for Pesticide and Fertilizer, respectively (nearest cent) 1. General: $Question Blankand $Question Blank2. Purchasing: $Question Blankand $Question Blank3. Power: $Question Blankand $Question Blank4. $Question Blankper machine hour and $Que
A company with two producing departments and two support departments has the following data: Support Departments Producing Departments General Factory Purchasing Power Pesticide Liquid Fertilizer Direct overhead $312,000 $169,000 $80,000 $78,800 $107,700 Square footage 1,500 1,500 4,200 4,800 Machine hours 1,403 1,345 24,000 8,000 Purchase orders 40 7 20 120 60 Use the sequential method to allocate the support department costs to the producing departments. (Round allocation percentages to 4 significant digits) General factory to Pesticide and Fertilizer, respectively (you only need to indicate these two numbers) Nearest dollar Purchasing to Pesticide and Fertilizer, respectively (you only need to indicate these two numbers) Nearest dollar Power to Pesticide and Fertilizer, respectively using machine hours, compute the departmental predetermined overhead rates for Pesticide and Fertilizer, respectively (nearest cent) 1. General: $Question Blankand $Question Blank2. Purchasing: $Question Blankand $Question Blank3. Power: $Question Blankand $Question Blank4. $Question Blankper machine hour and $Que
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
A company with two producing departments and two support departments has the following data:
| Support Departments | Producing Departments | ||||
| General Factory | Purchasing | Power | Pesticide | Liquid Fertilizer | |
| Direct |
$312,000 | $169,000 | $80,000 | $78,800 | $107,700 |
| Square footage | 1,500 | 1,500 | 4,200 | 4,800 | |
| Machine hours | 1,403 | 1,345 | 24,000 | 8,000 | |
| Purchase orders | 40 | 7 | 20 | 120 | 60 |
Use the sequential method to allocate the support department costs to the producing departments. (Round allocation percentages to 4 significant digits)
- General factory to Pesticide and Fertilizer, respectively (you only need to indicate these two numbers) Nearest dollar
- Purchasing to Pesticide and Fertilizer, respectively (you only need to indicate these two numbers) Nearest dollar
- Power to Pesticide and Fertilizer, respectively
- using machine hours, compute the departmental predetermined overhead rates for Pesticide and Fertilizer, respectively (nearest cent)
1. General: $Question Blankand $Question Blank2. Purchasing: $Question Blankand $Question Blank3. Power: $Question Blankand $Question Blank4. $Question Blankper machine hour and $Question Blankper machine hour respectively
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