answer in text form please (without image) 1. Jamison Company uses the reciprocal services method to allocate support department costs and has gathered the following information:Department PercentageCafeteria50%Cutting10%Assembly 40%Department PercentageJanitorial 20%Cutting60%Assembly 20%Janitorial Department costs are $450,000.Cafeteria Department costs are $250,000.What is the total Janitorial Department cost using the reciprocal services method?Round your answer to two decimal places.Total Janitorial Department cost

Lets understand the basics.Service department costs can be allocated using either,(1) Direct…

feteria 50% utting 10% sembly 40% artment Percentage nitorial 20% utting 60% sembly 20% torial Department costs are $450,000. teria Department costs are $250,000. at is the total Janitorial Department cost using the reciprocal services method?

feteria 50% utting 10% sembly 40% artment Percentage nitorial 20% utting 60% sembly 20% torial Department costs are $450,000. teria Department costs are $250,000. at is the total Janitorial Department cost using the reciprocal services method?

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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Using the sequential method, Pone Hill Company allocates Janitorial Department costs based on square footage serviced. It allocates Cafeteria Department costs based on the number of employees served. It has determined to allocate Janitorial costs before Cafeteria costs. It has the following information about its two service departments and two production departments, Cutting and Assembly: Line Item Description Costs Square Feet Number ofEmployees Janitorial Department $450,000 100 20 Cafeteria Department 200,000 10,000 10 Cutting Department 1,500,000 2,000 60 Assembly Department 3,000,000 8,000 20 How much of the Janitorial Department’s $450,000 costs is allocated to the Cutting Department? a. $45,000 b. $44,550 c. $360,000 d. $90,000
Using the sequential method, Pone Hill Company allocates Janitorial Department costs based on square footage serviced. It allocates Cafeteria Department costs based on the number of employees served. It has determined to allocate Janitorial costs before Cafeteria costs. It has the following information about its two service departments and two production departments, Cutting and Assembly: Costs Square Feet Number ofEmployees Janitorial Department $450,000 100 20 Cafeteria Department 200,000 10,000 10 Cutting Department 1,500,000 2,000 60 Assembly Department 3,000,000 8,000 20 How much of the Janitorial Department's $450,000 costs is allocated to the Cutting Department? a. $45,000 b. $360,000 c. $90,000 d. $44,550
Bryant Company uses the reciprocal services method to allocate support department costs and has provided the following information. What is the total Janitorial Department cost using the reciprocal services method? Janitorial Department Usage Cafeteria 50% Cutting Assembly 10% 40% Cafeteria Department Usage Janitorial 20% Cutting Assembly 60% 20% Janitorial Department costs are $450,000. Cafeteria Department costs are $250,000.
Using the sequential method, Pone Hill Company allocates Janitorial Department costs based on square footage serviced. It allocates Cafeteria Department costs based on the number of employees served. It has determined to allocate Janitorial costs before Cafeteria costs. It has the following information about its two service departments and two production departments, Cutting and Assembly: Line Item Description Costs Square Feet Number ofEmployees Janitorial Department $450,000 100 20 Cafeteria Department 200,000 10,000 10 Cutting Department 1,500,000 2,000 60 Assembly Department 3,000,000 8,000 20 The percentage (proportional) usage of the Janitorial Department by the Cutting Department is a. 80% b. 9% c. 10% d. 20%
Using the sequential method, Pone Hill Company allocates Janitorial Department costs based on square footage serviced. It allocates Cafeteria Department costs based on the number of employees served. It has determined to allocate Janitorial costs before Cafeteria costs. It has the following information about its two service departments and two production departments, Cutting and Assembly: Line Item Description Costs Square Feet Number ofEmployees Janitorial Department $450,000 100 20 Cafeteria Department 200,000 10,000 10 Cutting Department 1,500,000 2,000 60 Assembly Department 3,000,000 8,000 20 The percentage (proportional) usage of the Cafeteria Department by the Assembly Department is a. 22% b. 18% c. 75% d. 25%
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