Please do not give solution in image format thanku Xaric Industries operates two support departments, Personnel and Accounting, and two producing departments, Fabrication andAssembly. Information on the support percentages and cost for each department is as follows:PersonnelAccountingFabricationAssemblyPersonnelO $9557.O $8000.Ⓒ$9500.O $15573.0%10%35%55%Accounting6%0%50%44%OperatingCosts$15000800010500097500Using the reciprocal method of allocating support costs, what is the total cost allocated from the Accounting Department? (Do notround the intermediate calculations.)

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Description: Please do not give solution in image format thanku Xaric Industries operates two support departments, Personnel and Accounting, and two producing departments, Fabrication andAssembly. Information on the support percentages and cost for each departmen

Methods of cost allocationThere are various methods of allocating the cost of the service divisions…

Business

Accounting

Xaric Industries operates two support departments, Personnel and Accounting, and two producing departments, Fabrication and Assembly. Information on the support percentages and cost for each department is as follows: Personnel Personnel Accounting 10% Fabrication 35% Assembly O $9557. O $8000. Ⓒ$9500. O $15573. 0% 55% Accounting 6% 0% 50% 44% Operating Costs $15000 8000 105000 97500 Using the reciprocal method of allocating support costs, what is the total cost allocated from the Accounting Department? (Do not round the intermediate calculations.)

Xaric Industries operates two support departments, Personnel and Accounting, and two producing departments, Fabrication and Assembly. Information on the support percentages and cost for each department is as follows: Personnel Personnel Accounting 10% Fabrication 35% Assembly O $9557. O $8000. Ⓒ$9500. O $15573. 0% 55% Accounting 6% 0% 50% 44% Operating Costs $15000 8000 105000 97500 Using the reciprocal method of allocating support costs, what is the total cost allocated from the Accounting Department? (Do not round the intermediate calculations.)

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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