answer in text with all workings and explanation for all parts and steps Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distributionof each service department's efforts (in percentages) to the other departments is:FromS1S2ΤοS1S2P1P2-20% 30%?%20%?40The direct operating costs of the departments (including both variable and fixed costs) are:S1$ 195,000S268,000P1P245,000155,000Required: Determine the total cost (including direct operating costs) of P1 and P2 using the:1. Direct method.2. Step method.3. Reciprocal method.Complete this question by entering your answers in the tabs below.Required 1 Required 2Required 3Determine the total cost of P1 and P2 using the reciprocal method. (Do not round intermediate calculations. Round your finalanswers to whole dollars.)Total CostAllocatedProduction department 1$44,583Production department 2$44,583

Reciprocal Method for Robinson Products CompanyThe reciprocal method considers the interdependence…

Answered: Robinson Products Company has two…

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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Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other departments is: From To S1 S2 P1 P2 S1 - 20% 30% ?% S2 20% - ? 40 The direct operating costs of the departments (including both variable and fixed costs) are: S1 $ 265,000 S2 83,000 P1 70,000 P2 220,000 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 S2) and two production departments (P1 and P2). The distribution of each service department’s efforts (in percentages) to the other departments is: From To S1 S2 P1 P2 S1 — 20 % 30 % ? % S2 20 % — ? 40 The direct operating costs of the departments (including both variable and fixed costs) are: S1 $ 220,000 S2 74,000 P1 61,000 P2 175,000 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 S2) and two production departments (P1 and P2). The distribution of each service department’s efforts (in percentages) to the other departments is: From To S1 S2 P1 P2 S1 — 20 % 30 % ? % S2 20 % — ? 40 The direct operating costs of the departments (including both variable and fixed costs) are: S1 $ 255,000 S2 85,000 P1 66,000 P2 200,000 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.
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other departments is: To From S1 S1 S2 P1 P2 - 10% 20% ?% S2 10% ? 30 The direct operating costs of the departments (including both variable and fixed costs) are: ៨៨៩៩ P1 $ 270,000 81,000 68,000 210,000
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other departments is: To From S1 S1 - S2 10% P1 P2 20% ?% 10% ? 30 52 The direct operating costs of the departments (including both variable and fixed costs) are: $1 $ 270,000 S2 81,000 P1 68,000 es P2 210,000 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the total cost of P1 and P2 using the step method. Note: Do not round intermediate calculations. Step Method Production department 1 Production department 2 Total Cost Allocated
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Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other departments is: Fron s1 52 The direct operating costs of the departments (including both variable and fixed costs) are: s1 20% s1 52 PL P2 To $ 170,000 68,000 54,000 140,000 52 P1 20% 30% 2 P2 2% Production department 1 Production department 2 40 Required: 1. Determine the total cost of P1 and P2 using the direct metholt. 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the total cost of P1 and P2 using the direct method. (Do not round intermediate calculations.) Total Cost Allocated
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other departments is: From S1 52 52 P1 20% 30% ? The direct operating costs of the departments (including both variable and fixed costs) are: S1 S1 S2 P1 P2 - 20% $ 200,000 73,000 60,000 170,000 To 2. Step method. 3. Reciprocal method. Required: Determine the total cost (including direct operating costs) of P1 and P2 using the: 1. Direct method. Required 1 Required 2 P2 Production department 1 Production department 2 ?% Answer is not complete. Complete this question by entering your answers in the tabs below. 40 $ $ Determine the total cost of P1 and P2 using the direct method. (Do not round intermediate calculations.) Total Cost Allocated Required 3 180,000 X 184,600 x
ed Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other departments is: From S1 52 $1 S1 S2 P1 P2 20% $2 20% $ 220,000 74,000 61,000 175,000 To P1 30% ? The direct operating costs of the departments (including both variable and fixed costs) are: Required 1 Required 2 P2 Production department 1 Production department 2 ?% 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. 40 Complete this question by entering your answers in the tabs below. $ $ Determine the total cost of P1 and P2 using the reciprocal method. (Do not round intermediate calculations. Round your final answers to whole dollars.) Required 3 Total Cost Allocated 183,548 346,458 < Required 2
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (In percentages) to the other departments is: From 51 52 S1 S1 S2 P1 P2 20% $ 250,000 80,000 67,000 205,000 To S2 20% P1 • P2 30% ? The direct operating costs of the departments (including both variable and fixed costs) are: ?% 48 Production department 1 Production department 2 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the total cost of P1 and P2 using the direct method. (Do not round intermediate calculations.) Total Cost Allocated Required 3
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