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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 Accounting 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? $ 0 0.15 $ 280,000 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 $ $ 280,000 $ Facilities 0.40 0 $ 229,500 280,000 $ 280,000 $ Using Department Training Facilities 0.30 0.15 $ 420,000 Cost Allocation To: Training 229,500 $ 229,500 $ 229,500 $ Independent. 0.20 0.15 $ 210,000 0 $ 0 $ 0 $ Independent Commercial 0.10 0.55 $ 296,000 0 0 $ $ 0 $ Commercial 0 0 0

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 Accounting 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? $ 0 0.15 $ 280,000 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 $ $ 280,000 $ Facilities 0.40 0 $ 229,500 280,000 $ 280,000 $ Using Department Training Facilities 0.30 0.15 $ 420,000 Cost Allocation To: Training 229,500 $ 229,500 $ 229,500 $ Independent. 0.20 0.15 $ 210,000 0 $ 0 $ 0 $ Independent Commercial 0.10 0.55 $ 296,000 0 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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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 Accounting 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? $ 0 0.15 $ 280,000 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 $ $ 280,000 $ Facilities 0.40 0 $ 229,500 280,000 $ 280,000 $ Using Department Training 0.30 0.15 $ 420,000 Facilities Cost Allocation To: Training 229,500 $ 229,500 $ 229,500 $ Independent 0.20 0.15 $ 210,000 0 0 $ $ 0 $ Commercial 0.10 0.55 $ 296,000 Independent 0 0 $ $ 0 $ Commercial 0 0
Transcribed Image Text: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 Accounting 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? $ 0 0.15 $ 280,000 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 $ $ 280,000 $ Facilities 0.40 0 $ 229,500 280,000 $ 280,000 $ Using Department Training 0.30 0.15 $ 420,000 Facilities Cost Allocation To: Training 229,500 $ 229,500 $ 229,500 $ Independent 0.20 0.15 $ 210,000 0 0 $ $ 0 $ Commercial 0.10 0.55 $ 296,000 Independent 0 0 $ $ 0 $ Commercial 0 0
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