Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. Robinson Products Company has two service departments (S1 and 52) and two production departments (P1 and P2)The distribution of each service department's efforts on percentages) to the other departments isFrom 51 5251-10%52 18%5152P1P2TO$225,00075,00062,000100,000PI201>The direct operating costs of the departments including both variable and fixed costs) areP22530Required:1. Determine the total cost of P1 and P2 using the direct method.2. Determine the total cost of P1 and P2 using the step method.3. Determine the total cost of P1 and P2 using the reciprocal methodProduction department 1Production department 2Complete this question by entering your answers in the tabs below.Required 1 Required 2 Required 3Determine the total cost of P1 and P2 using the direct method. (Do not round intermediate calculations.)Total CostAllocated

The cost is allocated among different departments using various methods such as direct, step and…

Robinson Products Company has two service departments (S1 and $2) and two production departments (P1 and P2) The distribution of each service department's efforts on percentages) to the other departments is TO 51 52 P1 P2 10% 20% 25 From 51 52 10% 51 52 PL P2 The direct operating costs of the departments including both variable and fixed costs) are 10 $225,000 75,000 62,000 100,000 Required: 1. Determine the total cost of P1 and P2 using the direct method. 2. Determine the total cost of P1 and P2 using the step method. 3. Determine the total cost of P1 and P2 using the reciprocal method

Robinson Products Company has two service departments (S1 and $2) and two production departments (P1 and P2) The distribution of each service department's efforts on percentages) to the other departments is TO 51 52 P1 P2 10% 20% 25 From 51 52 10% 51 52 PL P2 The direct operating costs of the departments including both variable and fixed costs) are 10 $225,000 75,000 62,000 100,000 Required: 1. Determine the total cost of P1 and P2 using the direct method. 2. Determine the total cost of P1 and P2 using the step method. 3. Determine the total cost of P1 and P2 using the reciprocal method

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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