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Business
Accounting
Total overhead before Service Department Producing Departments Tangent P30,000 3,000 service Sine Cosine Rhombus Triangle Department Allocation Square footage occupied Number of employees Direct Labor Hours P50,000 3,000 P80,000 4,000 P40,000 1,000 P25,000 2,500 50 30 30 15 10 30,000 35,000 20,000 Machine Hours 25,000 25,000 20,000 Rhombus costs are distributed on the basis of square footage occupied, while Triangle costs are distributed on the basis of number of employees.

Total overhead before Service Department Producing Departments Tangent P30,000 3,000 service Sine Cosine Rhombus Triangle Department Allocation Square footage occupied Number of employees Direct Labor Hours P50,000 3,000 P80,000 4,000 P40,000 1,000 P25,000 2,500 50 30 30 15 10 30,000 35,000 20,000 Machine Hours 25,000 25,000 20,000 Rhombus costs are distributed on the basis of square footage occupied, while Triangle costs are distributed on the basis of number of employees.

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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Geometrigo Inc. has three producing departments (Sine, Cosine, and Tangent) and two service departments (Rhombus and Triangle). Data that summarize overhead activity for January are: How much is the total overhead of Rhombus Department under reciprocal approach? Round your answer to two decimal places.

2.  How much is the total overhead of Sine Department under reciprocal approach? Round your answer to whole number.

3.  How much is the overhead rate if direct labor hour will be used for Cosine Department? Round your answer to two decimal places.

Producing Departments Tangent P30,000 3,000 Service Department Triangle Total overhead before service Sine Cosine Rhombus Department Allocation Square footage occupied Number of employees Direct Labor Hours Machine Hours P50,000 P80,000 P40,000 P25,000 3,000 4,000 1,000 2,500 50 30 30 15 10 30,000 25,000 35,000 25,000 20,000 20,000 Rhombus costs are distributed on the basis of square footage occupied, while Triangle costs are distributed on the basis of number of employees.
Transcribed Image Text:Producing Departments Tangent P30,000 3,000 Service Department Triangle Total overhead before service Sine Cosine Rhombus Department Allocation Square footage occupied Number of employees Direct Labor Hours Machine Hours P50,000 P80,000 P40,000 P25,000 3,000 4,000 1,000 2,500 50 30 30 15 10 30,000 25,000 35,000 25,000 20,000 20,000 Rhombus costs are distributed on the basis of square footage occupied, while Triangle costs are distributed on the basis of number of employees.
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