II. Cost allocation using Reciprocal MethodCheese Whiz Co, a Swiss manufacturer of cheese products, has two servicecenters and two producing departments. Data for month month of October are asfollows:Service CentersMaintenanceUtilitiesCost (Swiss francs)Service provided to:Maintenance66,00045,00010%Utilities20%40%40%Producing Dept. 1Producing Dept. 2Direct cost to producing departmentsDepartment 1 - Sf 280,00030%60%Department 2 - Sf 220,000Required: Using Reciprocal method, allocate the cost of service centers to producingdepartments and calculate ther total cost of the producing departments.

Under reciprocal service method, the cost of service departments are allocated between themselves…

II. Cost allocation using Reciprocal Method Cheese Whiz Co, a Swiss manufacturer of cheese products, has two service centers and two producing departments. Data for month month of October are as follows: Service Centers Maintenance Utilities Cost (Swiss francs) Service provided to: Maintenance Utilities 66,000 45,000 10% 20% 40% 40% Producing Dept. 1 Producing Dept. 2 Direct cost to producing departments Department 1 - Sf 280,000 30% 60% Department 2 - Sf 220,000 Required: Using Reciprocal method, allocate the cost of service centers to producing departments and calculate ther total cost of the producing departments.

II. Cost allocation using Reciprocal Method Cheese Whiz Co, a Swiss manufacturer of cheese products, has two service centers and two producing departments. Data for month month of October are as follows: Service Centers Maintenance Utilities Cost (Swiss francs) Service provided to: Maintenance Utilities 66,000 45,000 10% 20% 40% 40% Producing Dept. 1 Producing Dept. 2 Direct cost to producing departments Department 1 - Sf 280,000 30% 60% Department 2 - Sf 220,000 Required: Using Reciprocal method, allocate the cost of service centers to producing departments and calculate ther total cost of the producing departments.

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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Subject: acounting
A
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