FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:The Long Term Care Plus Company has two service departments – actuarial and premium rating, and two operations
departments – marketing and sales. The distribution of each service department's efforts to the other departments is
shown below:
FROM
то
Actuarial Rating Marketing Sales
0$
Actuarial
40%
20%
40%
Rating
25%
0융
37.5%
37.5%
The direct operating costs of the departments (including both variable and fixed costs) were as follows:
Actuarial
$60,000
Premium Rating
$40,000
Marketing
$60,000
Sales
$70,000
The total cost accumulated in the marketing department using the step method is (calculate all ratios and
percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar;
assume the actuarial department goes first):
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