The Long Term Care Plus Company has two service departments - actuarial and premium rating, and two operations departments -marketing and sales. The distribution of each service department's efforts to the other departments is shown below:FROMActuarialRatingActuarial Rating0%10%10%0%ActuarialPremium RatingMarketingSalesΤΟMarketing Sales10%80%40.0%50.0%The direct operating costs of the departments (including both variable and fixed costs) were as follows:$ 90,000$160,000$ 58,000$ 61,000The total cost accumulated in the sales department using the reciprocal method is (calculate all ratios and percentages to 4 decimal places,for example 33.3333%, and round all dollar amounts to the nearest whole dollar):

The reciprocal method is an algebraic method that considers the inter-service departments' cost…

The Long Term Care Plus Company has two service departments - actuarial and premium rating, and two operations departments - marketing and sales. The distribution of each service department's efforts to the other departments is shown below: FROM Actuarial Rating Actuarial Rating 0% 10% 10% 0% Actuarial Premium Rating Marketing Sales TO Marketing Sales 10% 80% 40.0% 50.0% The direct operating costs of the departments (including both variable and fixed costs) were as follows: $ 90,000 $160,000 $ 58,000 $ 61,000 The total cost accumulated in the sales department using the reciprocal method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar):

The Long Term Care Plus Company has two service departments - actuarial and premium rating, and two operations departments - marketing and sales. The distribution of each service department's efforts to the other departments is shown below: FROM Actuarial Rating Actuarial Rating 0% 10% 10% 0% Actuarial Premium Rating Marketing Sales TO Marketing Sales 10% 80% 40.0% 50.0% The direct operating costs of the departments (including both variable and fixed costs) were as follows: $ 90,000 $160,000 $ 58,000 $ 61,000 The total cost accumulated in the sales department using the reciprocal method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar):

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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