Multiple ChoiceOCJ$127.778.$102,222.$150,050.$142,471.$122.402. The Long Term Care Plus Company has two service departments - actuarial and premium rating, and two operations departments - marketing and sales. The distribution of each servicedepartment's efforts to the other departments is shown below:FROMΤΟActuarial Rating Marketing Sales0%20%40%ActuarialRating40%0%25%37.5%37.5%The direct operating costs of the departments (including both variable and fixed costs) were as follows:ActuarialPremium Rating$60,000$40,000$60,000$70,000MarketingSalesThe total cost accumulated in the marketing department using the reciprocal method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round alldollar amounts to the nearest whole dollar):

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actuarial and premium rating, and two operations departments - marketing and sales. The distribution of each Long Term Care Plus Company has two service departments department's efforts to the other departments is shown below: FROM TO Actuarial Rating Marketing Sales 40% 20% Actuarial Rating 0% 25% 40% 0% 37.5% 37.5% The direct operating costs of the departments (including both variable and fixed costs) were as follows: Actuarial Premium Rating $60,000 $40,000 $60,000 $70,000 Marketing Sales The total cost accumulated in the marketing department using the reciprocal method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all collar amounts to the nearest whole dollar):

actuarial and premium rating, and two operations departments - marketing and sales. The distribution of each Long Term Care Plus Company has two service departments department's efforts to the other departments is shown below: FROM TO Actuarial Rating Marketing Sales 40% 20% Actuarial Rating 0% 25% 40% 0% 37.5% 37.5% The direct operating costs of the departments (including both variable and fixed costs) were as follows: Actuarial Premium Rating $60,000 $40,000 $60,000 $70,000 Marketing Sales The total cost accumulated in the marketing department using the reciprocal method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all collar amounts to the nearest whole dollar):

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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The Long Term Care Plus Company has two service departments – actuarial and premium rating, and two operations departments – marketing and sales. The distribution of each service department's efforts to the other departments is shown below: FROM то Actuarial Rating Marketing Sales 0$ Actuarial 40% 20% 40% Rating 25% 0융 37.5% 37.5% The direct operating costs of the departments (including both variable and fixed costs) were as follows: Actuarial $60,000 Premium Rating $40,000 Marketing $60,000 Sales $70,000 The total cost accumulated in the marketing department using the step method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar; assume the actuarial department goes first):
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