**Whispering’s Market United (WMU) Overview**Whispering’s Market United (WMU) is an umbrella organization that brings together enterprising individuals involved in the production of home-grown produce, homemade jams, jellies, artisan breads, and other handcrafted goods intended for local street markets. This collective aims to support small producers and prioritize health-conscious consumers who make deliberate choices about the contents of their refrigerators and pantries.**Support Services and Operating Segments**To aid its regional members, WMU offers various support services centered around four key departments: 1. **Member Services**2. **Social Media**3. **Resource Deployment**4. **Administrative Services**These departments primarily support three geographically defined operating segments—East, Central, and West—while also potentially providing cross-departmental assistance.**Support Department Details**| Support Departments | | Operating Segments ||------------------------------|------------------------------|------------------------|| | Member Services | Social Media | Resource Deployment | Admin. Services | East | Central | West || **Original Cost** | $20,300 | $31,200 | $39,300 | $52,000 | **Not available** | **Not available** | **Not available** || **Member Services Hours** | | | | | 600 | 300 | 500 || **Social Media Hours** | | | | | | 500 | 500 || **Resource Deployment Hours**| 100 | 200 | | | 400 | 500 | 500 || **Admin. Services Hours** | 100 | 300 | 200 | | 400 | 400 | 400 |**Explanation:**The table presents a detailed breakdown of the costs and service hours for each support department. The original costs are listed next to each department. Furthermore, the allocation of service hours is outlined, highlighting the assistance rendered to each geographic segment. Note that the original costs are not directly associated with the operating segments.This organizational framework ensures that WMU can efficiently support its member clubs while optimizing operational productivity across all regions. **Allocation of Support Services Using Cost Methods****(a) Direct Method Allocation**- **Task:** Allocate the support services costs to the operating segments using the direct method. Calculate the total support costs that each operating segment will be accountable for, rounding results to two decimal places (e.g., 15.25).- **Operating Segments and Results:** - **East:** $49,580 - **Central:** $43,850 - **West:** $49,370- **Completion Note:** Assistance Used- **Attempts:** 1 of 3 used**(b) Reciprocal Method Allocation**- **Task:** Using the reciprocal method in Excel, allocate the support costs to the operating segments. Determine the total support costs for each segment and round results to two decimal places (e.g., 15.25).- **Operating Segments:** - **East:** [Input Required] - **Central:** [Input Required] - **West:** [Input Required]- **Options:** Save for Later- **Attempts:** 0 of 3 used**Instructions:**- Enter calculated values in the designated fields.- Use Excel for precise calculations when applying the reciprocal method.- Make sure all answers are rounded to two decimal places.**Usage:**This exercise is intended to practice cost allocation methods for educational purposes.

These questions are asked to present the overhead allocation summary. Re-apportionment of the…

Whispering's Market United (WMU) is an umbrella organization for all individuals who are go-getters in home-grown produce, homemade jams/jellies, artisan breads, and other hand-crafted items to be sold on local street corners. It represents a proud group of folks who are trying to keep the small producer and the health-conscious consumer top-of-mind when it comes to filling the refrigerator and pantry. As a large organization that provides a variety of services for its regional member clubs, WMU continually strives to better understand its own profitability. WMU has four key support services to assist its members: Member Services, Social Media, Resource Deployment, and Administrative Services. These four support departments exist for the benefit of the three operating segments, which are organized geographically: East, Central, and West. While the support services primarily assist the operating segments, they also cross over and assist each other. The services offered by the support departments, along with the original cost of each support department, are as follows. Original cost Member Services hours Social Media hours Resource Deployment hours Admin. Services hours Support Departments Resource Member Social Admin. Services Media Deployment Services $20,300 $31,200 100 100 200 300 $39,300 $52,000 I 200 East Operating Segments Not available 600 500 400 500 Central Not available 300 500 500 400 West Not available 500 500 600 400

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q