Technology and Personnel, and two operating departments, Prepress and Printing.Service DepartmentOperating DepartmentInformationTechnology$ 27,412Printing$ 530,110PersonnelPrepressDepartmental costs$ 27,008$ 376,940Computer workstations28195138Employees27149830Information Technology Department costs are allocated on the basis of computer workstations and Personnel Department costs are allocated on the basis of employees. The totalPrepress Department cost after service department allocations is closest to:Multiple Choice$406,961$413,326$402,881$410,563

Solution: Allocation base for Information Technology costs 89 =51+38 Allocation base for…

Service Department Operating Department Information Technology $ 27,412 Personnel Printing $ 530,110 Prepress $ 27,008 $ 376,940 Departmental costs Computer workstations Employees 28 19 51 38 27 14 98 30 Information Technology Department costs are allocated on the basis of computer workstations and Personnel Department costs are allocated on Prepress Department cost after service department allocations is closest to: Multiple Choice $406,961 $413.326 $402,881

Service Department Operating Department Information Technology $ 27,412 Personnel Printing $ 530,110 Prepress $ 27,008 $ 376,940 Departmental costs Computer workstations Employees 28 19 51 38 27 14 98 30 Information Technology Department costs are allocated on the basis of computer workstations and Personnel Department costs are allocated on Prepress Department cost after service department allocations is closest to: Multiple Choice $406,961 $413.326 $402,881

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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Service Department Operating Department Information Administration Technology Prenatal Pediatric $ 54,736 $ 37,449 $ 383,270 $ 259,590 Departmental costs Employees 15 21 118 172 Personnel costs 15 21 102 109 Administration costs are allocated first on the basis of employees and Information Technology costs are allocated second on the basis of Personnel costs. The total Pediatric Department cost after allocations is closest to: Multiple Choice $31,117 $280,845 $304,995 $311,400
Service Department Operating Department Physical Administration Assembly $ 127,160 Testing $ 737,860 Plant $ 26,220 $ 78,860 Departmental costs Employee time Space occupied 1,000 1,000 4,000 25,000 12,000 9,000 37,000 6,000 Administration Department costs are allocated first on the basis of employee time and Physical Plant Department costs are allocated second on the basis of space occupied. The total Testing Department cost after allocations is closest to: Multiple Choice $754,279 $757,240 $748,960 $757,368
A3
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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. Department Service 1 (S1) Service 2 (S2) Production 1 (P1) Production 2 (P2) Cost $ 47,000 37,000 270,000 320,000 Percentage Service Provided to S1 0% 20 S2 P1 20% 40% 20 0 P2 40% 60 What is the amount of service department cost allocated to P1 and P2 using the direct method if the cost in P1 is changed from $270,000 to $290,000?
Support department cost allocation—direct method Becker Tabletops has two support departments (Janitorial and Cafeteria) and two production departments (Cutting and Assembly). Relevant details for these departments are as follows: Support Department Cost Driver Janitorial Department Square footage to be serviced Cafeteria Department Number of employees Line Item Description JanitorialDepartment CafeteriaDepartment CuttingDepartment AssemblyDepartment Department costs $290,000 $210,000 $1,480,000 $660,000 Square feet 46 5,200 800 3,200 Number of employees 8 2 16 4 Allocate the support department costs to the production departments using the direct method. Line Item Description CuttingDepartment AssemblyDepartment Janitorial Department cost allocation $fill in the blank 1 $fill in the blank 2 Cafeteria Department cost allocation $fill in the blank 3 $fill in the blank 4
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Total cost Meals served Square feet of space Files processed Service Department Housekeeping Services Food Services Administrative Services Service Departments Housekeeping Food Administrative Services Services Services $ 98,000 $ 323,060 Departmental costs before allocations Allocations: 6,100 Housekeeping Services costs Food Services costs Administrative Services costs Total costs after allocations Allocation Bases Square feet of space Meals served Files processed 16,300 The costs of the service departments are allocated by the step-down method using the allocation bases and in the order shown in the following table: Housekeeping Services (98,000) Laboratory Radiology $ 271,020 $ 433,400 $ 564,500 0 0 0 Operating Departments 1,900 8,700 All billing in the hospital is done through Laboratory, Radiology, or General Hospital. The hospital's administrator wants the costs of the three service departments allocated to these three billing centers. Required: Using the step-down method,…
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Exercise 11-30 (Algo) Cost Allocation: Reciprocal Method (LO 11-1) Mack Precision Tool and Die has two production departments, Fabricating and Finishing, and two service departments, Repair and Quality Control. Direct costs for each department and the proportion of service costs used by the various departments for the month of March follow: Department Fabricating Finishing Repair Quality Control Proportion of Services Used by Quality Direct Costs Repair Control Fabricating Finishing From: Service department costs Repair Quality control Total $ 149,600 112,200 48,300 158,410 $ $ 0 0.3 Required: Use the reciprocal method to allocate the service costs. (Matrix algebra is not required.) Note: Amounts to be deducted should be indicated by a minus sign. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amounts. Repair 48,300 $ 0.3 0 Cost Allocation To: Quality Control 0.6 0.1 Fabricating 158,410 $ 48,300 $ 158,410 $ 0.1 0.6 Finishing. of $ 0 $ 0