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 P1 P2 Cost $ 121,000 53,000 435,000 306,000 $915,000 Service Department 2's Costs Percentage Service Provided to S1 0% 20 S2 20% 0 What percentage of S2's costs is allocated to P1 and to P2 under the direct method? (Round your answer to the nearest fraction.) P1 P2 30% 50% 20 60 4
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 P1 P2 Cost $ 121,000 53,000 435,000 306,000 $915,000 Service Department 2's Costs Percentage Service Provided to S1 0% 20 S2 20% 0 What percentage of S2's costs is allocated to P1 and to P2 under the direct method? (Round your answer to the nearest fraction.) P1 P2 30% 50% 20 60 4
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
4
![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
P1
P2
Cost
$ 121,000
53,000
435,000
306,000
$ 915,000
Service
Department
2's Costs
Percentage Service
Provided to
$1
0%
20
$2
20%
0
P1
30%
20
What percentage of S2's costs is allocated to P1 and to P2 under the direct method? (Round your answer to the nearest fraction.)
P2
50%
60
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Transcribed Image Text: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
P1
P2
Cost
$ 121,000
53,000
435,000
306,000
$ 915,000
Service
Department
2's Costs
Percentage Service
Provided to
$1
0%
20
$2
20%
0
P1
30%
20
What percentage of S2's costs is allocated to P1 and to P2 under the direct method? (Round your answer to the nearest fraction.)
P2
50%
60
t
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