Y. The following information is available regarding various expenses: Power Rent Canteen Insurance Depreciation Personnel Department Maintenance of Assets The following additional information is also given: Items Production Department A 400 2,000 90 50 B 400 C 300 800 2,200 120 60 Rs. 2,400 Rs. 4,200 Rs. 3,000 30 40 Rs. 2,200 Rs. 20,000 Rs. 4,000 Rs. 2,400 Service Department X 200 750 40 30 Area (sq. metres) Kilowatt hours Number of workers Capital value of assets (in '000 of Rs.) Direct material cost (Rs.) 5,000 3,000 2,000 1,000 1,000 The expenses of department X and Y will be apportioned among production departments in the ratio of 5:3:2 and 20%, 30% and 50% respectively. Prepare Overheads Distribution Summary. Y 100 250 20 20

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A company has 3 Production Departments A, B and C and 2 Service Departments X and
Y. The following information is available regarding various expenses:
Power
Rent
Canteen
Insurance
Depreciation
Personnel Department
Maintenance of Assets
The following additional information is also given:
Items
Production Department
A B
400
400
2,000
90
50
C
300
2,200
120
60
Rs. 2,400
Rs. 4,200
Rs. 3,000
Rs. 2,200
Rs. 20,000
800
30
40
Rs. 4,000
Rs. 2,400
Area (sq. metres)
Kilowatt hours
Number of workers
Capital value of assets (in
*000 of Rs.)
Direct material cost (Rs.)
5,000 3,000 2,000
1,000
1,000
The expenses of department X and Y will be apportioned among production departments
in the ratio of 5:3:2 and 20%, 30% and 50% respectively. Prepare Overheads Distribution
Summary.
Service Department
X
200
Y
100
750
40
30
250
20
20
Transcribed Image Text:A company has 3 Production Departments A, B and C and 2 Service Departments X and Y. The following information is available regarding various expenses: Power Rent Canteen Insurance Depreciation Personnel Department Maintenance of Assets The following additional information is also given: Items Production Department A B 400 400 2,000 90 50 C 300 2,200 120 60 Rs. 2,400 Rs. 4,200 Rs. 3,000 Rs. 2,200 Rs. 20,000 800 30 40 Rs. 4,000 Rs. 2,400 Area (sq. metres) Kilowatt hours Number of workers Capital value of assets (in *000 of Rs.) Direct material cost (Rs.) 5,000 3,000 2,000 1,000 1,000 The expenses of department X and Y will be apportioned among production departments in the ratio of 5:3:2 and 20%, 30% and 50% respectively. Prepare Overheads Distribution Summary. Service Department X 200 Y 100 750 40 30 250 20 20
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