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Required: Allocate service department costs to Training, Independent, and Commercial using the reciprocal method. What are the total costs of Training, Independent, and Commercial after this allocation? Note: Amounts to be deducted should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest whole dollar amounts. final

Required: Allocate service department costs to Training, Independent, and Commercial using the reciprocal method. What are the total costs of Training, Independent, and Commercial after this allocation? Note: Amounts to be deducted should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest whole dollar amounts. final

FINANCIAL ACCOUNTING
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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B6).

 

Activity and selected costs for three production departments (Training, Independent, and Commercial) and two service departments (Accounting and Facilities) at DuBay Films for the past month follow: Supplying Department Accounting Facilities Direct cost From: Service department costs Accounting Facilities Total allocations Accounting Direct costs Total costs 8 0.20 $ 250,000 Accounting Required: Allocate service department costs to Training, Independent, and Commercial using the reciprocal method. What are the total costs of Training, Independent, and Commercial after this allocation? Note: Amounts to be deducted should be indicated by a minus sign. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amounts. $ Facilities 0.40 0 $ 214,500 $ 0 S 0 $ Using Department Training Facilities 0.30 0.28 $ 390,000 Cost Allocation To: Training 0 $ Independent 0.20 0.15 $ 207,000 OS Independent 0 $ Commercial 0.10 0.45 $ 293,000 0$ 0 $ 0 $ Commercial 0 0
Transcribed Image Text:Activity and selected costs for three production departments (Training, Independent, and Commercial) and two service departments (Accounting and Facilities) at DuBay Films for the past month follow: Supplying Department Accounting Facilities Direct cost From: Service department costs Accounting Facilities Total allocations Accounting Direct costs Total costs 8 0.20 $ 250,000 Accounting Required: Allocate service department costs to Training, Independent, and Commercial using the reciprocal method. What are the total costs of Training, Independent, and Commercial after this allocation? Note: Amounts to be deducted should be indicated by a minus sign. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amounts. $ Facilities 0.40 0 $ 214,500 $ 0 S 0 $ Using Department Training Facilities 0.30 0.28 $ 390,000 Cost Allocation To: Training 0 $ Independent 0.20 0.15 $ 207,000 OS Independent 0 $ Commercial 0.10 0.45 $ 293,000 0$ 0 $ 0 $ Commercial 0 0
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