BatterySmall MotorsPower0.77 X0.23 XGeneral Factory0.250.752. Allocate the support service costs to the operating divisions. Round all amounts to the nearest dollar. Use a minus sign to indicate a subtraction. For tboxes in which no entry is required, leave the box blank or enter zero ("0").Direct costsAllocate:SupportDepartmentsSupportDepartmentsOperatingDivisionsOperatingDivisionsPowerGeneral FactoryBatterySmall Motors220,000 ✔430,000561,756 X $369,244 XPower220,000 XGeneral Factory430,000 XTotal3. Assume divisional overhead rates are based on direct labor hours. Calculate the overhead rate for the Battery Division and for the Small Motors Division. Round yoanswers to the nearest cent.Battery overhead rateSmall Motors overhead rate3.12 X3.12 X

Answered: Image /qna-images/answer/ef4825b1-00ef-45f3-bfbf-846df23252c9.jpg

Answered: Battery Small Motors Power 0.77 X 0.23…

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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Fans Company has two service departments - product design and engineering support, and two production departments - assembly and finishing. The distribution of each service department's efforts to the other departments is shown below: SERVICE DEPARTMENT Product Design Engineering Support Product Design Engineering Support Assembly Finishing Multiple Choice O The direct operating costs of the departments (including both variable and fixed costs) were as follows: $1.057.333. O $1,970,000. O $712,667. O The total cost accumulated in the finishing 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 that the engineering support department goes first): Design 0% 20% $664,792. $980,208. SERVICES PROVIDED TO $ 180,000 $ 160,000 $570,000 $ 860,000 Support 10% 0% Assembly 30% 45% Finishing 60% 35%
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Assume a company has two divisions, Division D and Division E. Division D has provided the following information regarding the one product that it manufactures and sells on the outside market Selling pr por unit (on the outside market) Variable co.. per unit Fixed costs per unit (based on capacity) Capacity in units $ 60 $ 44 $8 20,000 Division E could use Division D's product as a component part in the manufacture of 4,000 units of its own newly-designed product Division E has received a quote of $58 from an outside supplier for a component part that is comparable to the one that Division D makes If the company's divisional managers are evaluated based on their division's profits and Division D is currently selling 15,000 units on the outside market. what is Division D's lowest acceptable transfer price if it were to sell 4,000 units to Division E?
Production and sales (units) Materials cost ($) Labour cost per unit ($) at $12 per hour Machine hours (per unit) Total no. of production runs Total no. of purchase orders Total no. of deliveries to retail division Market/Retail prices Overhead costs: Machine set-up costs ($) Machine maintenance costs ($) Ordering costs ($) Delivery costs ($) Total ($) Product S Product R 3,200 5,450 117 95 9 1 12 64 80 260 total: 6 2 30 82 64 320 306,435 415,105 11,680 144,400 877,620 Rinse @ $241.69 = full cost +10% oll Retail price Rinse: $260 The company's policy is to transfer the washing machines from the assembly division to the retail division at full cost plus 10% resulting in internal transfer prices, of $220.17 and $241.69 for S and R when transferred to the retail division. The retail division sells S for $320 per machine and R for $260 per machine to the market. (a) Use activity based costing to allocate the overheads and recalculate the transfer prices for S and R. (b) Calculate the…
Hansaben
Kindly solve the remaining two Requirements iam going to mention the numbers 4. And 5. Previous three were solved earlier by your experts. Thankyou...
answer in text form please (without image)
Subject: acounting
None
Conlon Enterprises reports the following information about resources. Cost Driver Rate Cost Driver Volume Resources used Setups $ 370 per run 425 runs Clerical 50 per page 2,500 pages typed Resources supplied Setups $ 160,450 Clerical 133,400 Sales revenue totaled $315,000. Required: a. Prepare a traditional income statement. b. Prepare an activity-based income statement.
Haresh

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