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: WProportion of Services Used by Direct Costs Maintenance Machining Depantment Machining Assembly Maintenance Cafeteria Cafetenie Assembly $97,000 72,400 44,800 36, 000 0.2 0.5 0.3 0.8 0.1 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 allocated to jobs based on machine-hours in Machining and labor-hours in Assembly. The number of labc and machine-hours worked in each department are as follows: Hachining As sembly Job CH-22: Machine-hours Labor-hours 360 60 50 40 30 340 Job CH-23: Machine-hours Labor-hours 20 30 Required: 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 nearest whole doller.) Job CM-22 Job CM-23 Machining Assembly

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: WProportion of Services Used by Direct Costs Maintenance Machining Depantment Machining Assembly Maintenance Cafeteria Cafetenie Assembly $97,000 72,400 44,800 36, 000 0.2 0.5 0.3 0.8 0.1 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 allocated to jobs based on machine-hours in Machining and labor-hours in Assembly. The number of labc and machine-hours worked in each department are as follows: Hachining As sembly Job CH-22: Machine-hours Labor-hours 360 60 50 40 30 340 Job CH-23: Machine-hours Labor-hours 20 30 Required: 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 nearest whole doller.) Job CM-22 Job CM-23 Machining Assembly

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Description: [The following information applies to the questions displayed beiow.)Caro Manufacturing has two production departments, Machining and Assembly, and two servicedepartments, Maintenance and Cafeteria. Direct costs for each department and the proportio

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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