Activity and selected costs for three production departments (Training, Independent, and Commercial) and two service depa (Accounting and Facilities) at DuBay Films for the past month follow: Supplying Department Accounting Facilities Direct cost Accounting 0 0.10 $ 200,000 Facilities 0.40 0 $ 189,500 Using Department Training 0.20 0.10 $ 340,000 Independent 0.10 0.20 $ 202,000 Commercial 0.30 0.60 $ 288,000 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.

Activity and selected costs for three production departments (Training, Independent, and Commercial) and two service depa (Accounting and Facilities) at DuBay Films for the past month follow: Supplying Department Accounting Facilities Direct cost Accounting 0 0.10 $ 200,000 Facilities 0.40 0 $ 189,500 Using Department Training 0.20 0.10 $ 340,000 Independent 0.10 0.20 $ 202,000 Commercial 0.30 0.60 $ 288,000 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.

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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 28E: Minor Co. has a job order cost system and applies overhead based on departmental rates. Service...

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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 Accounting 0 0.10 $ 100,000 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 $ Facilities 0.40 0 $ 139,500 $ 0 $ 10 $ Using Department Training 0.30 0.30 $ 240,000 Facilities Independent 0.20 0.10 192,000 Cost Allocation To: Training 0 $ 0 $ 0 $ Independent Commercial 0.10 0.50 $ 278,000 0 $ Commercial 0 $ 0 $ 0 0
es 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 0 0.20 $ 180,000 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 $ $ Facilities 0.30 0 $ 179,500 0 $ 0 $ Using Department Training 0.20 0.20 $ 320,000 Facilities Cost Allocation To: Training 0 $ Independent 0.10 0.10 $ 200,000 0 $ 0 $ 0 $ Commercial 0.40- 0.50 $ 286,000 Independent 0 $ 0 $ 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
The following production overhead costs relate to a production department XY, Budget $372,000Actual $425,000Absorbed $391,000 Calculate the over or under absorbed of the overhead? show solution
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