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 (S2) Production 1 (P1) Cost $ 36,000 26,000 160,000 S1 0% 20 20 S2 P1 P2 40% 30% 30% 0 60 Production 2 (P2) 210,000 What is the total cost in P1 and P2 after allocation using the direct method? P1 P2 Total Cost
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 (S2) Production 1 (P1) Cost $ 36,000 26,000 160,000 S1 0% 20 20 S2 P1 P2 40% 30% 30% 0 60 Production 2 (P2) 210,000 What is the total cost in P1 and P2 after allocation using the direct method? P1 P2 Total Cost
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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