Mack Precision Tool and Die has two production departments, Fabricating and Finishing, and two service departments, Repair and Quality Control. Direct costs for each department and the proportion of service cost used by the various departments for the month of March follow: Department Fabricating Finishing Repair Quality Control Direct Costs $ 140,600 98,200 42,000 78,400 Proportion of Services Used by Quality Control Fabricating Repair 0 0.3 0.3 0 Required: Use the step method to allocate the service costs, using the following: 0.4 0.2 a. The order of allocation starts with Repair. b. The allocations are made in the reverse order (starting with Quality Control). Finishing 0.3 0.5
Mack Precision Tool and Die has two production departments, Fabricating and Finishing, and two service departments, Repair and Quality Control. Direct costs for each department and the proportion of service cost used by the various departments for the month of March follow: Department Fabricating Finishing Repair Quality Control Direct Costs $ 140,600 98,200 42,000 78,400 Proportion of Services Used by Quality Control Fabricating Repair 0 0.3 0.3 0 Required: Use the step method to allocate the service costs, using the following: 0.4 0.2 a. The order of allocation starts with Repair. b. The allocations are made in the reverse order (starting with Quality Control). Finishing 0.3 0.5
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 8E: A manufacturing company has two service and two production departments. Building Maintenance and...
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Expert Answers to Latest Homework Questions
Q: Say you are looking for the t* for a confdence interval of 80%, with a sample size of
23. How would…
Q: An instructor is worry about academic integrity for online classes. The instructor can conclude that…
Q: Say you get a test statistics of z = 2.15 and your alternative hypothesis is a two tails test. How…
Q: Sketch about six to eight magnetic field lines for the given current-carrying wires.At points A, B,…
Q: A statistics instructor is worry about his mortality so they randomly select 25 relatives
who had…
Q: A statistics instructor is worry about his mortality so they randomly select 25 relatives
who had…
Q: A statistics instructor is worry about his mortality so they randomly select 25 relatives
who had…
Q: Use the p-value you found to answer the following:
Does this provide evidence that the risk of…
Q: ☐
Select the paraphyletic groups (indicated with color). (select all that apply)
Reptiles
Fishes…
Q: A
B C D E F G
DEFG
Which of the following forms a monophyletic group? (see figure)
D, E, and F
E, F,…
Q: 3
(5)
(5
6
1
2n
12
10
11
=
In the figure, where does meiosis happen?
1
4
12
2
3
8.
and/or
00
7
Q: Use the test statistics that you found to fnd the p-value
(Round answer to four decimal places).
Q: Captive-bred trout reduce the fitness of wild populations.
1.0
0.8
0.6-
0.4
0.2
Relative fitness
0…
Q: Number of Births Per Year
■Survived to Maturity
■Did Not Survive to Maturity
250
200
150
100
50
0…
Q: Which graph represents the best supported hypothesis for human evolution?
Chimps Humans
Chimps…
Q: Which of these models correctly identifies the most recent common ancestor diploblasts?
Cnidaria…
Q: In the 1980's it was believed that congenital abnormalities affected about 5.4% of the
nation's…
Q: Liverworts
Ancestral
green
alga
A
Hornworts
Mosses
B
Quizzes 2
Club mosses
D
Ferns and
horsetails…
Q: 12
Hare de ty
relative to
4
Quizzes 2
trols
8
0
Control
Predators
excluded
Food
added
Predators…
Q: 100
Percentage of survivors (log scale)
T
10
0.1
0
Type III
Type II
50
Percentage of maximum life…
Q: According to the website ww.costofwedding.com, the average cost of flowers for a wedding is $698.…