Required informatic [The following inform The following inform Department Service 1 (S1) Service 2 (52) Production 1 (P1) Production 2 (P2) What is the amount of ser P1 P2 Total Cost Allocated

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Required information
[The following information applies to the questions displayed below.]
The following information is departmental cost allocation with two service departments and two production departments.
Percentage Service
Provided to
Department
Service 1 (S1)
Service 2 (52)
Production 1 (P1)
Production 2 (P2)
P1
P2
Cost
$ 46,000
36,000
260,000
310,000
Total Cost
Allocated
P1
P2
20% 40% 40%
45
S
Sal
MAMA
What is the amount of service department cost allocated to P1 and P2 using the direct method?
M
Transcribed Image Text:1 Required information [The following information applies to the questions displayed below.] The following information is departmental cost allocation with two service departments and two production departments. Percentage Service Provided to Department Service 1 (S1) Service 2 (52) Production 1 (P1) Production 2 (P2) P1 P2 Cost $ 46,000 36,000 260,000 310,000 Total Cost Allocated P1 P2 20% 40% 40% 45 S Sal MAMA What is the amount of service department cost allocated to P1 and P2 using the direct method? M
of 4
1
int
rences
P1
P2
Department
Service 1 (S1)
Service 2 (52)
Production 1 (P1)
Production 2 (P2)
Required information
[The following information applies to the questions displayed below.]
The following information is departmental cost allocation with two service departments and two production departments.
Cost
$ 46,000
36,000
260,000
310,000
Total Cost
Allocated
my paisaje co
$1
300
BAUA
Percentage Service
Provided to
25
0%
////////
Ben
na mon
What is the amount of service department cost allocated to P1 and P2 using the direct method?
52
20% 40%
0
BAHAN
*******
W
P2
40%
Saved
Transcribed Image Text:of 4 1 int rences P1 P2 Department Service 1 (S1) Service 2 (52) Production 1 (P1) Production 2 (P2) Required information [The following information applies to the questions displayed below.] The following information is departmental cost allocation with two service departments and two production departments. Cost $ 46,000 36,000 260,000 310,000 Total Cost Allocated my paisaje co $1 300 BAUA Percentage Service Provided to 25 0% //////// Ben na mon What is the amount of service department cost allocated to P1 and P2 using the direct method? 52 20% 40% 0 BAHAN ******* W P2 40% Saved
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