Distribution of Direct and Indirect Overhead Costs to Producing Departments. Ming Chemical Co. operates with three producing departments—Blending, Testing, and Terminal. The overhead items and amounts for the period, along with the bases for their allocation, are listed below. How much is the Janitorial Cost to be charged to Blending Department?2. How much is the Indirect Labor to be chared to Testing Department? ItemAmountAllocation BasisP 24,000 Square footageBuilding depreciation..Janitorial cost .33,000 Square footageMaterials receiving cost..48,000 Materials usagePayroll Department cost.126,000 Number of employeesPower....75,000 Horsepower of equipmentOther relevant data are:BlendingTestingTerminalTotalDepartmentDepartmentDepartmentNumber of employees25401984Direct labor hours62,000104,000220,00054,0005,000Horsepower ofequipmentKilowatt-hours60,00015,00080,0004,0001,0006,00011,000Square footageDirectly chargeable2,0002,0002,0006,000P125,000P75,000P87,500P287,500overhead costDirect materialsP 75,000P25,000P100,000

Answer - Working Note : Particulars Blending Department Testing Department Terminal Department…

Distribution of Direct and Indirect Overhead Costs to Producing Departments. Ming Chemical Co. operates with three producing departments—Blending, Testing, and Terminal. The overhead items and amounts for the period, along with the bases for their allocation, are listed below. How much is the Janitorial Cost to be charged to Blending Department? 2. How much is the Indirect Labor to be chared to Testing Department?

Distribution of Direct and Indirect Overhead Costs to Producing Departments. Ming Chemical Co. operates with three producing departments—Blending, Testing, and Terminal. The overhead items and amounts for the period, along with the bases for their allocation, are listed below. How much is the Janitorial Cost to be charged to Blending Department? 2. How much is the Indirect Labor to be chared to Testing Department?

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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