A company's total wage expense is $45,000, split between departments A and B. Department A's direct wages are $8,000 and Department B's are $12,000. Indirect wages should be allocated equally between departments. Calculate total departmental wages for A and B. A. $20,500; $24,500 B. $24,500; $20,500 C. $22,500; $22,500 D. $8,000; $12,000

A company's total wage expense is $45,000, split between departments A and B. Department A's direct wages are $8,000 and Department B's are $12,000. Indirect wages should be allocated equally between departments. Calculate total departmental wages for A and B. A. $20,500; $24,500 B. $24,500; $20,500 C. $22,500; $22,500 D. $8,000; $12,000

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter7: Allocating Costs Of Support Departments And Joint Products

Section: Chapter Questions

Problem 24E: Refer to the data in Exercise 7.22. The support departments are ranked in order of highest cost to...

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The following information is departmental cost allocation with two service departments and two production departments. Department Cost Percentage Service Provided to S1 S2 P1 P2 Service 1 (S1) $ 32,000 0% 25% 30% 45% Service 2 (S2) 23,000 20 0 20 60 Production 1 (P1) 130,000 Production 2 (P2) 180,000 What is the total cost in P1 and P2 and what is the amount of service department cost allocated to P1 and P2 using the step method with S1 going first? The following information relates to a joint production process for three products, with a total joint production cost of $165,000. There are no separable processing costs for any of the three products. Product Sales Value at Split-Off Units at Split-Off 1 $ 181,500 320 2 99,000 960 3 49,500 1,920 $ 330,000 3,200 What percentage of joint cost is allocated to each of the three products using the sales value at split-off method? Do not give answer in image
Please give me answer accounting A company...
A company has three production departments and two service departments, and for a period the departmental distribution summary has the following totals : $ Production Departments : P1-$800 ; P2–$700 and P3-$500 Service Departments :S1–$234 and S2–$300 2,000 534 2,543 The expenses of the service departments are charged out on a percentage basis as follows: P1 P2 P3 s1 S2 Service Department S1 20% 40% 30% 10% Service Department S2 40% 20% 20% 20% Prepare a statement showing the apportionment of two service departments expenses to Production Departments by Simultaneous Equation Method.
Use the information in the following table to compute each department's contribution to overhead (both in dollars and as a percent). (Round Contribution percent to 1 decimal place.) Dept. A Dept. B Dept. C Sales Cost of goods sold Gross profit $ 55.000 $ 219,000 $ 85,000 113,880 105,120 45,050 39,950 34,650 20,350 4,380 Total direct expenses 38,320 9,366 Contribution to overhead Contribution percent (of sales) Which department contributes the largest dollar amount to total overhead?
Use the information in the following table to compute each department’s contribution to overhead (both in dollars and as a percent). Which department contributes the largest dollar amount to total overhead? Which department contributes the highest percent (as a percent of sales) to total overhead? Dept. A Dept. B Dept. C Sales $ 53,000 $ 180,000 $ 84,000 Costs of goods sold 34,185 103,700 49,560 Gross profit 18,815 76,300 34,440 Total direct expenses 3,660 37,060 7,386
6) 16% -Given the following data for operation departments A and B, prepare a schedule using the direct and step method of allocation to allocate service department costs to the operating departments and show total cost for department A and B. Department Costs # of Employees Square Feet Operating Dept A $1600 80 200 Operating Dept B $1300 120 300 Maintenance $3,000 100 100 Payroll $4,000 100 100 For the step method, begin with the maintenance department.
Required information [The following information applies to the questions displayed below.] The following information is departmental cost allocation with two service departments and two production departments. Department Service 1 (S1) Service 2 (S2) Production 1 (P1) Production 2 (P2) Cost $ 47,000 37,000 270,000 320,000 Percentage Service Provided to S1 0% 20 S2 P1 20% 40% 20 0 P2 40% 60 What is the amount of service department cost allocated to P1 and P2 using the direct method if the cost in P1 is changed from $270,000 to $290,000?
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[The following information applies to the questions displayed below.] The following information is departmental cost allocation with two service departments and two production departments. Percentage Service Provided to Department Cost S1 S2 P1 P2 Service 1 (S1) $ 40,000 0 % 25 % 30 % 45 % Service 2 (S2) 31,000 20 0 20 60 Production 1 (P1) 210,000 Production 2 (P2) 260,000 What is the total cost in P1 and P2 and what is the amount of service department cost allocated to P1 and P2 using the step method with S1 going first?
Use the following information to compute each department’s contribution to overhead. Which department contributes the largest amount toward total overhead? Department A Department B Department C Sales $ 61,000 $ 199,000 $ 79,000 Cost of goods sold 38,430 103,480 41,870 Gross profit 22,570 95,520 37,130 Total direct expenses 4,980 42,940 8,266
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