PLEASE ANSWER PO AND SHOW SOLUTION The following information relates to Fay Corporation for the past accounting period.Producing Departments Service DepartmentsD.P20,000Direct costsProportion of service by A to:BP15,000P80,000P60,00010%C60%D 30%Proportion of service by B to:A30%C20%50%5. Using the algebraic method, department A’s cost allocated to department C is:a. P48,000b. P58,800с. Р60,619d. P98,000 6. .Using the algebraic method, department B’s cost allocated to department C is:а. Р 7,794b. P13,192C. P14,021d. P29,021

This question deals with the algebraic(Reciprocal) method of cost allocation. In this method service…

The following information relates to Fay Corporation for the past accounting period. Producing Departments Service Departments C P15,000 В Direct costs P20,000 P80,000 P60,000 Proportion of service by A to: B 10% C 60% 30% Proportion of service by B to: 30% A 20% 50% C D 5. Using the algebraic method, department A's cost allocated to department C is: а. Р48,000 b. P58,800 с. Рб0,619 d. P98,000

The following information relates to Fay Corporation for the past accounting period. Producing Departments Service Departments C P15,000 В Direct costs P20,000 P80,000 P60,000 Proportion of service by A to: B 10% C 60% 30% Proportion of service by B to: 30% A 20% 50% C D 5. Using the algebraic method, department A's cost allocated to department C is: а. Р48,000 b. P58,800 с. Рб0,619 d. P98,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Describe the steps taken to Switch from the DB method to the SL method?
Describe the features of JIT.
can you show this problem using a two way data table?
Kindly use PMT in your computations
Required information [The following information applies to the questions displayed below.] Consider the following narrative describing the process of filling a customer's order at a Starbucks branch: Identify the start and end events and the activities in the following narrative, and then draw the business process model using BPMN: the Starbucks customer entered the drive-through lane and stopped to review the menu. He then ordered a Venti coffee of the day and a blueberry muffin from the barista. The barista recorded the order in the cash register. While the customer drove to the window, the barista filled a Venti cup with coffee, put a lid on it, and retrieved the muffin from the pastry case and placed it in a bag. The barista handed the bag with the muffin and the hot coffee to the customer. The customer has an option to pay with cash, credit card, or Starbucks gift card. The customer paid with a gift card. The barista recorded the payment and returned the card along with the…
CAN I SEE THE MANUAL WORKING OF THE PROBLEM
how do you calculat mpg in excel?
Can you use excel to do the data please.
Define Tagging in XBRL
Discuss a monetization model that would work for the app.
Define Prepayments.
Write out the equation for the SML and explain its meaning.