Answer #28 only Happy Burger Co. has a commissary that supplies food and other products to itsrestaurants. It has two service departments, computer services (S1) and administrationand supplies (P2). As internal auditor, you arc checking the procedures for costand maintenance (S2), which support two operating departments, food products (PI)Cost Accounting256and supplies (P2). As internal auditor, you are checking the procedures for )allocation and find the following results:Costs allocated to PT;P 30,000 from SI? from S2Costs allocated to P2:P 15,000 from S2? from S1Total costs for the two service departments P 80,000S2's services are provided as follows:20% to S150% to P130% to P228. Using direct method of allocating scrvice department costs, compute the totalservice department costs incurred by S2.d la bili 2a bob. 34 2a. Zerob. Р20,625с. Р40,000d. P 50,000

Under direct method of cost allocation from service departments to operating departments, service…

Happy Burger Co, has a commissary that supplies food and other products to its and maintenance (S2), which support two operating departments, food products (PI) restaurants. It has two service departments, computer services (S1) and administration and supplies (P2). As internal auditor, you are checking the procedures for cost allocation and find the following results: Costs allocated to PI: P 30,000 from S I ? from S2 Costs allocated to P2: P 15,000 from S2 ? from S1 Total costs for the two service departments P 80,000 $2's services are provided as follows: 20% to S1 50% to P1 30% to P2 28. Using direct method of allocating scrvice department costs, compute the total service department costs incurred by S2. a. Zero b. P 20,625 c. P 40,000 d. P 50,000

Happy Burger Co, has a commissary that supplies food and other products to its and maintenance (S2), which support two operating departments, food products (PI) restaurants. It has two service departments, computer services (S1) and administration and supplies (P2). As internal auditor, you are checking the procedures for cost allocation and find the following results: Costs allocated to PI: P 30,000 from S I ? from S2 Costs allocated to P2: P 15,000 from S2 ? from S1 Total costs for the two service departments P 80,000 $2's services are provided as follows: 20% to S1 50% to P1 30% to P2 28. Using direct method of allocating scrvice department costs, compute the total service department costs incurred by S2. a. Zero b. P 20,625 c. P 40,000 d. P 50,000

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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