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Activity and se ed costs (Accounting and Facilities) at DuBay Films for the past month follow: Supplying Department Accounting Facilities Direct cost From: Service department costs Accounting Facilities Total allocations Direct costs Total costs Accounting 0 0.10 $ 270,000 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? 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. Accounting $ $ 0 $ Facilities 0.30 0 $ 224,500 0 $ Using Department Training 0.20 0.30 $ 410,000 Facilities Cost Allocation To: Training 0 $ Independent 0.10 0.10 $ 209,000 0 $ 0 Independent $ Commercial 0.40 0.50 $ 295,000 0 $ 0 Commercial $ 0 $ 0 0

Activity and se ed costs (Accounting and Facilities) at DuBay Films for the past month follow: Supplying Department Accounting Facilities Direct cost From: Service department costs Accounting Facilities Total allocations Direct costs Total costs Accounting 0 0.10 $ 270,000 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? 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. Accounting $ $ 0 $ Facilities 0.30 0 $ 224,500 0 $ Using Department Training 0.20 0.30 $ 410,000 Facilities Cost Allocation To: Training 0 $ Independent 0.10 0.10 $ 209,000 0 $ 0 Independent $ Commercial 0.40 0.50 $ 295,000 0 $ 0 Commercial $ 0 $ 0 0

FINANCIAL ACCOUNTING
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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Exercise 11-31 (Algo) Cost Allocation: Reciprocal Method, Two Service Departments (LO 11-1) 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 Total allocations Direct costs Total costs 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? 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. Accounting 0 0.10 $ 270,000 Accounting $ $ 0 $ Facilities 0.30 0 $ 224,500 0 $ Using Department Training. 0.20 0.30 $410,000 Facilities 0 $ 0 Independent 0.10 0.10 $ 209,000 Cost Allocation To: Training $ 0 Independent $ Commercial 0.40 0.50 $ 295,000 0 $ 0 Commercial $ 0 $ 0 0
Transcribed Image Text:Exercise 11-31 (Algo) Cost Allocation: Reciprocal Method, Two Service Departments (LO 11-1) 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 Total allocations Direct costs Total costs 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? 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. Accounting 0 0.10 $ 270,000 Accounting $ $ 0 $ Facilities 0.30 0 $ 224,500 0 $ Using Department Training. 0.20 0.30 $410,000 Facilities 0 $ 0 Independent 0.10 0.10 $ 209,000 Cost Allocation To: Training $ 0 Independent $ Commercial 0.40 0.50 $ 295,000 0 $ 0 Commercial $ 0 $ 0 0
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