Required information [The following information applies to the questions displayed below.] Use the following information: Department Service 1 (S1) Service 2 (S2) Production 1 (P1) Production 2 (P2) Total Cost $ 130,000 62,000 525,000 396,000 $ 1,113,000 Percentage Service Provided to S1 0% 20 S2 P1 25% 30% 0 20 P2 45% 60 What percentage of S1's costs is allocated to P1 and to P2 under the direct method? (Round your answer to the nearest fraction
Required information [The following information applies to the questions displayed below.] Use the following information: Department Service 1 (S1) Service 2 (S2) Production 1 (P1) Production 2 (P2) Total Cost $ 130,000 62,000 525,000 396,000 $ 1,113,000 Percentage Service Provided to S1 0% 20 S2 P1 25% 30% 0 20 P2 45% 60 What percentage of S1's costs is allocated to P1 and to P2 under the direct method? (Round your answer to the nearest fraction
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 14.3E
Related questions
Question
![Required information
[The following information applies to the questions displayed below.]
Use the following information:
P1
P2
Department
Service 1 (51)
Service 2 (S2)
Production 1 (P1)
Production 2 (P2)
Total
Service
Department
1's Costs
Cost
$ 130,000
62,000
525,000
396,000
$ 1,113,000
1/3
1/3
Percentage Service
Provided to
S1
0%
20
52
25%
0
What percentage of S1's costs is allocated to P1 and to P2 under the direct method? (Round your answer to the nearest fraction
P1
30%
20
P2
45%
60](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fece54b80-95ff-4b02-a78b-fbd2f23813c5%2F25e0c42b-94d9-4ff1-88d7-de1779b0579e%2Ftg32l2_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
Use the following information:
P1
P2
Department
Service 1 (51)
Service 2 (S2)
Production 1 (P1)
Production 2 (P2)
Total
Service
Department
1's Costs
Cost
$ 130,000
62,000
525,000
396,000
$ 1,113,000
1/3
1/3
Percentage Service
Provided to
S1
0%
20
52
25%
0
What percentage of S1's costs is allocated to P1 and to P2 under the direct method? (Round your answer to the nearest fraction
P1
30%
20
P2
45%
60
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