Activity and selected costs for three production departments (Training, Independent, and Commercial) and two service departments (Accounting and Facilities) at DuBay Films for the past month follow: Supplying Department Accounting Facilities Direct cost From: Service department costs Accounting Facilities Accounting Total allocations Direct costs Total costs 0 0.10 $ 240,000 Facilities 0.40 Accounting $ 209,500 Required: Allocate service department costs to Training, Independent, and Commercial using the reciprocal method. What are the total costs of Training, Independent, and Commercial after this allocation? Using Department Training Note: Amounts to be deducted should be indicated by a minus sign. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amounts. 0.30 0.20 $ 380,000 Facilities Independent 0.20 0.20 $ 206,000 Cost Allocation To: Training Commercial 0.10 0.50 $ 292,000 Independent Commercial

Activity and selected costs for three production departments (Training, Independent, and Commercial) and two service departments (Accounting and Facilities) at DuBay Films for the past month follow: Supplying Department Accounting Facilities Direct cost From: Service department costs Accounting Facilities Accounting Total allocations Direct costs Total costs 0 0.10 $ 240,000 Facilities 0.40 Accounting $ 209,500 Required: Allocate service department costs to Training, Independent, and Commercial using the reciprocal method. What are the total costs of Training, Independent, and Commercial after this allocation? Using Department Training Note: Amounts to be deducted should be indicated by a minus sign. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amounts. 0.30 0.20 $ 380,000 Facilities Independent 0.20 0.20 $ 206,000 Cost Allocation To: Training Commercial 0.10 0.50 $ 292,000 Independent Commercial

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Description: Activity and selected costs for three production departments (Training, Independent, and Commercial) and two service departments(Accounting and Facilities) at DuBay Films for the past month follow:Supplying DepartmentAccountingFacilitiesDirect costF

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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