Please do not give solution in image format thanku Brandeis Corporation has two production Departments: P1 and P2 and two servicedepartments: S1 and S2. Direct costs for each department and the proportion of servicecosts used by the various departments for the month of July are as follows:DepartmentS1S2P1P2Direct costs$73,000$113,000 0.20$173,000$153,000Multiple Choice$33,900.Proportion of Services Usedby:Under the direct-method of cost allocation, the$69,000.$7,300.S1S20.70P1P20.100.200.30 0.50nou of S1 cosallocated P1 would be:

The overhead costs from the service departments are allocated to the production departments using…

Department S1 S2 P1 P2 Direct costs $73,000 $113,000 0.20 $173,000 $153,000 S1 Multiple Choice by: S2 0.70 P1 P2 0.10 0.20 0.30 0.50 der the direct-method of cost allocation, the amount of S1 costs allocated to P1 would be:

Department S1 S2 P1 P2 Direct costs $73,000 $113,000 0.20 $173,000 $153,000 S1 Multiple Choice by: S2 0.70 P1 P2 0.10 0.20 0.30 0.50 der the direct-method of cost allocation, the amount of S1 costs allocated to P1 would be:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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Concept explainers

Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit. Overhead expenses depend upon the nature of the business operations.

Question

Please do not give solution in image format thanku

Brandeis Corporation has two production Departments: P1 and P2 and two service
departments: S1 and S2. Direct costs for each department and the proportion of service
costs used by the various departments for the month of July are as follows:
Department
S1
S2
P1
P2
Direct costs
$73,000
$113,000 0.20
$173,000
$153,000
Multiple Choice
$33,900.
Proportion of Services Used
by:
Under the direct-method of cost allocation, the
$69,000.
$7,300.
S1
S2
0.70
P1
P2
0.10
0.20
0.30 0.50
nou of S1 cos
allocated P1 would be:

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