21. if the direct method of allocation is used, how much of the equipment maintenance costs would be allocated to production department No. 1? a. b. P 13,500 с. Р 16,500 d. P 30,000 22.If the step method of allocation is used, how much would be allocated from supervision to production department No. 1 P 14.000 b. P16.471 iluow or а. P 17,600 d. P18,526 с. 23. If the step method of allocation is used, how much would be allocated from supervision to building occupancy? а. b. P1,750 c. P 2,200 d. P 2,444 Stargazer Company logged 7,250 machine hours for the month of June. P42,500 was spent for manufacturing overhead and this overhead is allocated on the basis of machine hours. The company operates 5 departments; however, one department was closed for the month of June due to poor market conditions for its product. It was decided that this department (#3) should be allocated a lump sum of PS,000 as its share of June overhead. 24. If this policy is followed, how much overhead would be charged to Department 2, which used 1,750 machine hours? P 1,207 b. Р 9,052 а. ia od bleo c. P10,259 d. P20,714

21. if the direct method of allocation is used, how much of the equipment maintenance costs would be allocated to production department No. 1? a. b. P 13,500 с. Р 16,500 d. P 30,000 22.If the step method of allocation is used, how much would be allocated from supervision to production department No. 1 P 14.000 b. P16.471 iluow or а. P 17,600 d. P18,526 с. 23. If the step method of allocation is used, how much would be allocated from supervision to building occupancy? а. b. P1,750 c. P 2,200 d. P 2,444 Stargazer Company logged 7,250 machine hours for the month of June. P42,500 was spent for manufacturing overhead and this overhead is allocated on the basis of machine hours. The company operates 5 departments; however, one department was closed for the month of June due to poor market conditions for its product. It was decided that this department (#3) should be allocated a lump sum of PS,000 as its share of June overhead. 24. If this policy is followed, how much overhead would be charged to Department 2, which used 1,750 machine hours? P 1,207 b. Р 9,052 а. ia od bleo c. P10,259 d. P20,714

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

3:43 اليوم e 12:34 تحریر Problem 7 Illustrate which of the following sentences is true or false: ve 95% the following sente
Assignments: 202 × M Question 11 - Fina X b Success Confirma X MONK Art Beyond the CI... M Question Mode: M... Final: Part 2 (Problems) i 00:57:08 Mc Graw Hill ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmgh... Unit A QS 26-17 (Algo) X Unit B Totals Acct: chapter 4 (C... M Question Mode: Fi... Rental value 11 A company purchases a 6,552-square-foot building for $375,000. The building has two separate rental units. Unit A, which has the desirable location on the corner and contains 1,872 square feet, will be rented for $2.50 per square foot. Unit B contains 4,680 square feet and will be rented for $1.50 per square foot. How much of the joint cost should be allocated to Unit A and to Unit B using the value basis of allocation? Percent of rental value Numerator Denominator % of Mkt Value Answered: At the X 0.00% Prev Saved Joint Cost 洛杉矶华人资讯网× 11 of 13 Allocated cost 洛杉矶华人资讯网× Next > Help Financial literacy X…
Sh6 Please help me Thankyou
q15
J 7 Choose from list of answer choices and show/explain work.
question #2 Engineering Economics
90-0X Question 3- Chapter 15 Exercise/ProX O a https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect E ne State M Gmail Citefast V TTU ILearn-TTU O My Profile - Zoom ALEKS Connect-TTU P pearson 15 Exercise/Problem Assignments 6 Saved Help Save & E Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to On January 1, 2018, Maywood Hydraulics leased drilling equipment from Aqua Leasing for a five-year period ending December 31, 2021, at which time possession of the leased asset will revert back to Aqua. The equipment cost Aqua $429,029 and has an expected economic life of six years. Aqua expects the residual value at December 31, 2021, to be $65,000. Negotiations led to Maywood guaranteeing a $92,500 residual value. Equal payments under the lease are $130,000 and are due on December 31 of each year with the first payment being made on…
Question list O Question 1 O Question 2 O Question 3 O Question 4 More Info N 1 2 3 4 5 6 7 8 9 10 To Find F Given P FIP 1.1200 1.2544 1.4049 1.5735 1.7623 1.9738 2.2107 2.4760 2.7731 3.1058 K 0.8929 0,7972 0.7118 0.6355 0.5674 0.5066 0.4523 0.4039 Most likely estimates for a project are as follows. 0.3606 0.3220 To Find P Given F PIF Choose the correct choice below. Determine whether the statement "This project (based upon the most likely estimates) is profitable." is true or false. ✔Click the icon to view the relationship between the PW and the percent change in parameter. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 12% per year False O True To Find F Given A FIA 1.0000 2.1200 3.3744 4.7793 6.3528 8.1152 10.0890 12.2997 14.7757 17.5487 To Find P Given A PIA 0.8929 1.6901 2.4018 3.0373 3.6048 4.1114 4.5638 4.9676 5.3282 5.6502 To Find A Given F AIF 1.0000 04717 0.2963 0.2092 0.1574 0.1232 0.0991 0.0813 0.0877 0.0570 To Find A Given P…
Only EX 13-11 please and thank you?
C B A Question 2 Listen What is tane for the given triangle? 13 53 12 25 55 13 12 13 e
88 MULTIPLE CHOICE Question 2 Listen Given 0=787°, what is the measure of the coterminal angle? A 67° B 23° C 157° D 113°
Topic: Uni X U2_AS i Topic: Uni X M Question X M Question x M Question √x ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https% 253A%252F%252Flms.mheducation.com%252Fmghmiddle Complete this question by entering your answers in the tabs below. Required 1 Required 2 F2 Moab Incorporated manufactures and distributes high-tech biking gadgets. It has decided to streamline some of its operations so that it will be able to be more productive and efficient. Because of this decision it has entered into several transactions during the year. a. Moab Incorporated sold a machine that it used to make computerized gadgets for $30,600 cash. It originally bought the machine for $21,400 three years ago and has taken $8,000 in depreciation. b. Moab Incorporated held stock in ABC Corporation, which had a value of $23,000 at the beginning of the year. That same stock had a value of $26,230 at the end of the year. c. Moab Incorporated sold some of its inventory for $9,200…