Service provided by: Service Provided to: S₁₁ S₂ P₁ P2 $84,000 $96,000 $100,000 $150,000 Allocate S₂ 20% (96,000) 60% 20% 19,200 57,600 19,200

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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how can i find the answer? it is the Step-down method.
Service provided
by:
Service Provided to:
S₁
S₂
P₁
P2
$84,000
$96,000
$100,000
$150,000
Allocate S₂
20%
(96,000)
60%
20%
19,200
57,600
19,200
Allocate S₁
30%
30%
40%
(103,200)
(x3/7)
(x 4/7)
44,229
58,971
Total OH costs of
production dep.
-
$201,829
$228,171
Transcribed Image Text:Service provided by: Service Provided to: S₁ S₂ P₁ P2 $84,000 $96,000 $100,000 $150,000 Allocate S₂ 20% (96,000) 60% 20% 19,200 57,600 19,200 Allocate S₁ 30% 30% 40% (103,200) (x3/7) (x 4/7) 44,229 58,971 Total OH costs of production dep. - $201,829 $228,171
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