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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
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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The following information relates to Fay Corporation for the past accounting period. Producing Departments Service Departments D. P20,000 Direct costs Proportion of service by A to: B P15,000 P80,000 P60,000 10% C 60% D 30% Proportion of service by B to: A 30% C 20% 50% 5. Using the algebraic method, department A’s cost allocated to department C is: a. P48,000 b. P58,800 с. Р60,619 d. P98,000
Transcribed Image Text:The following information relates to Fay Corporation for the past accounting period. Producing Departments Service Departments D. P20,000 Direct costs Proportion of service by A to: B P15,000 P80,000 P60,000 10% C 60% D 30% Proportion of service by B to: A 30% C 20% 50% 5. Using the algebraic method, department A’s cost allocated to department C is: a. P48,000 b. P58,800 с. Р60,619 d. P98,000
6. .Using the algebraic method, department B’s cost allocated to department C is: а. Р 7,794 b. P13,192 C. P14,021 d. P29,021
Transcribed Image Text:6. .Using the algebraic method, department B’s cost allocated to department C is: а. Р 7,794 b. P13,192 C. P14,021 d. P29,021
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