Required information[The following information applies to the questions displayed below.]Caro Manufacturing has two production departments, Machining and Assembly, and two service departments,Maintenance and Cafeteria. Direct costs for each department and the proportion of service costs used by the variousdepartments for the month of August follow:DepartmentMachiningAssemblyMaintenanceCafeteriaJob CM-22:DirectCosts$92,00062,40038,80031,000Job CM-23:Proportion of Services Used byMaintenance. Cafeteria MachiningMachine-hoursLabor-hours.Machine-hours.Labor-hours0.8Assume that both Machining and Assembly work on just two jobs during the month of August: CM-22 and CM-23. Costs are allocatedto jobs based on machine-hours in Machining and labor-hours in Assembly. The number of labor- and machine-hours worked in eachdepartment are as follows:Machining3005030200.2Assembly403620150Prev0.60.1SAssembly0.20.12 of 13 HHNext Assume that both Machining and Assembly work on just two jobs during the month of August: CM-22 and CM-23. Costs are allocatedto jobs based on machine-hours in Machining and labor-hours in Assembly. The number of labor- and machine-hours worked in eachdepartment are as follows:Job CM-22: Machine-hoursJob CM-23:Labor-hoursMachine-hoursLabor-hoursMachiningAssemblyMachining300503020Job CM-22Assembly4636Required:How much of the service department costs allocated to Machining and Assembly in the direct method should be allocated to Job CM-22? How much should be allocated to Job CM-23? (Round "Department rate" to 2 decimal places and final answers to the nearestwhole dollar.)Job CM-2320,150

Lets understand the basics.Service department costs are needed to allocate to production department…

Caro Manufacturing has two production departments, Machining and Assembly, and two service departments, Maintenance and Cafeteria. Direct costs for each department and the proportion of service costs used by the various departments for the month of August follow: Department Machining Assembly Maintenance Cafeteria Direct Costs $92,000 62, 400 38,800 31,000 Proportion of Services Used by Maintenance Cafeteria Machining 0.8 0.2 0.6 0.1 Assembly 0.2 0.1 Assume that both Machining and Assembly work on just two jobs during the month of August: CM-22 and CM-23. Costs are alloca to jobs based on machine-hours in Machining and labor-hours in Assembly. The number of labor- and machine-hours worked in e department are as follows:

Caro Manufacturing has two production departments, Machining and Assembly, and two service departments, Maintenance and Cafeteria. Direct costs for each department and the proportion of service costs used by the various departments for the month of August follow: Department Machining Assembly Maintenance Cafeteria Direct Costs $92,000 62, 400 38,800 31,000 Proportion of Services Used by Maintenance Cafeteria Machining 0.8 0.2 0.6 0.1 Assembly 0.2 0.1 Assume that both Machining and Assembly work on just two jobs during the month of August: CM-22 and CM-23. Costs are alloca to jobs based on machine-hours in Machining and labor-hours in Assembly. The number of labor- and machine-hours worked in e department are as follows:

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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Beartowne Enterprises uses an activity-based costing system to assign costs in its auto-parts division. Activity Est. Indirect Activity Cost Allocation base Cost allocation rate Materials $60,000 Material moves $5.00/move Assembling $175,000 Direct labor hours $5.00/dir. labor hour Packaging $70,000 # of finished units $2.50/finished unit The following units were produced in December with the following information: Part # # Produced Materials Costs # Moves Dir. Labor Hrs. Part 001 1,250 $2,500 100 200 Part 002 3,500 $6,000 500 300 Part 003 3,750 $7,000 2,500 1,250 Total manufacturing costs for Part 002 is Select one: a. $4,000 b. $18,750 c. $10,000 d. $12,750 e. $15,500
The following departmental information is for the four departments at Samoa Industries. Departmental Total Cost Cost Driver Square Feet Number of Employees Janitorial $150,000 Square footage serviced 200 40 Cafeteria 50,000 Number of employees 20,000 12 Cutting 1,125,000 4,000 120 Assembly 1,100,000 16,000 40 The Janitorial and Cafeteria departments are support departments. Samoa uses the sequential method to allocate support department costs, first allocating the costs from the Janitorial Department to the Cafeteria, Cutting, and Assembly departments. Question Content Area 1. Determine the dollar amount of the Janitorial Department costs to be allocated to the (a) Cafeteria, (b) Cutting, and (c) Assembly departments. Department Amount a. Cafeteria Department fill in the blank 1 of 3$ b. Cutting Department fill in the blank 2 of 3$ c. Assembly Department fill in the blank 3 of 3$…
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Rave Reviews Company has two service departments (Cafeteria and Human Resources) and two production departments (Machining and Assembly). The number of employees in each department follows. Cafeteria 40 Human Resources 60 Machining 200 Assembly 500 Rave Reviews uses the direct method of cost allocation and allocates cost on the basis of employees. If Human Resources cost amounts to $1,820, 000, how much of the department's cost would be allocated to Machining? (Do not round your intermediate calculations.) Multiple Choice $364, 000. $520,000. $910, 000. $728, 000. None of the answers is correct.
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Mack Precision Tool and Die has two production departments, Fabricating and Finishing, and two service departments, Repair and Quality Control. Direct costs for each department and the proportion of service costs used by the various departments for the month of March follow: Proportion of Services Used by Department Fabricating Direct Costs Repair $ 132,600 Quality Control Fabricating Finishing Finishing 94,200 Repair 40,200 0 0.2 0.5 0.3 Quality Control 75,000 0.8 0 0.1 0.1 Required: Use the step method to allocate the service costs, using the following: a. The order of allocation starts with Repair. b. The allocations are made in the reverse order (starting with Quality Control).
Required Information [The following information applies to the questions displayed below.] Caro Manufacturing has two production departments, Machining and Assembly, and two service departments, Maintenance and Cafeteria. Direct costs for each department and the proportion of service costs used by the various departments for the month of August follow: Department Machining Assembly Maintenance Cafeterial Machining Assembly Direct Costs $100,000 Total Costs 66,400 41,200 33,000 Proportion of Services Used by Maintenance Cafeteria Machining 0.6 0.2 0.5 0.2 Assembly Required: Compute the allocation of service department costs to producing departments using the direct method. (Do not round Intermediate calculations.) 0.3 0.2
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Sequential method?
Using the sequential method, Pone Hill Company allocates Janitorial Department costs based on square footage serviced. It allocates Cafeteria Department costs based on the number of employees served. It has determined to allocate Janitorial costs before Cafeteria costs. It has the following information about its two service departments and two production departments, Cutting and Assembly: Line Item Description Costs Square Feet Number ofEmployees Janitorial Department $450,000 100 20 Cafeteria Department 200,000 10,000 10 Cutting Department 1,500,000 2,000 60 Assembly Department 3,000,000 8,000 20 The percentage (proportional) usage of the Janitorial Department by the Cutting Department is a. 80% b. 9% c. 10% d. 20%
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