eBook Show Me How Support Department Cost Allocation-Direct Method Yo-Down Inc. produces yogurt. Information related to the company's yogurt production follows: Production Production Production Department 1 Department 2 Department 3 Support Department 1 cost driver 3,600 600 1,800 Support Department 1's costs total $130,000. Using the direct method of support department cost allocation, determine the costs from Support Department 1 be allocated to each production department. Support Department 1 cost allocation Production Department 1 Production Department 2 Production Department 3

eBook Show Me How Support Department Cost Allocation-Direct Method Yo-Down Inc. produces yogurt. Information related to the company's yogurt production follows: Production Production Production Department 1 Department 2 Department 3 Support Department 1 cost driver 3,600 600 1,800 Support Department 1's costs total $130,000. Using the direct method of support department cost allocation, determine the costs from Support Department 1 be allocated to each production department. Support Department 1 cost allocation Production Department 1 Production Department 2 Production Department 3

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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rn/takeAssignment/takeAssignment Main.do?invoker=&takeAssignmentSession Locator=&inprogress=false eBook Show Me How Department Maintenance Department Security Department Cutting Department Sewing Department Support department cost allocation-sequential method Crystal Scarves & Co. produces winter scarves. The scarves are produced in the Cutting and Sewing departments. The Maintenance and Security departments support these production departments, and allocate costs based on machine hours and square feet, respectively. Information about each department is provided in the following table: Total Cost Production departments' total costs $ 2,300 3,000 19,600 20,800 Number of Employees $ Check My Work 2 more Check My Work uses remaining. Cutting Sewing Department Department 6 LA 4 20 18 $ Using the sequential method and allocating the support department with the highest costs first, allocate all support department costs to the production departments. Then compute the total cost of each…
An allocation base: a. can be units of output if the company has a single product O b. is determined before the period begins. O c. All the given answers are correct. O d. can be direct labor cost e. is a measure used to assign manufacturing overhead costs to products and services PAGE NEXT PAGE IZ TWO Jump CQURSE OUTLINE_SPRING2021 ► tv MacBook Air
enow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker%3D&takeAssignmen... Z G Not syncing ebOOK Show Me HOW PINt itemT Support department cost allocation-sequential method Crystal Scarves & Co. produces winter scarves. The scarves are produced in the Cutting and Sewing departments. The Maintenance and Security departments support these production departments, and allocate costs based on machine hours and square feet, respectively. Information about each department is provided in the following tabie: Department Total Cost Number of Employees Machine Hours Square Feet Maintenance Department $ 2,300 6. 57 800 Security Department 3,000 4 600 Cutting Department 19,600 20 3,700 3,200 20,800 18 5,550 4,000 Sewing Department Using the sequential method and allocating the support department with the highest costs first, allocate all support department costs to the production departments. Then compute the total cost of each production department. Cutting Sewing Department Department 1,936.…
Instruction: Read each problem carefully ana proviue h n Prob Problem 1. Classify each of the following costs of Bug Company in two ways: (a) as variable (V) fixed costs (F); (b) as inventoriable costs (I) or period costs (P): Example: Direct labor 1. Salary of company 2. Fire insurance on direct materials controller 3. Property taxes on finished goods held for sale 4. Direct materials used tico of 5. Factory.renty p 6. Sales Commissions R 7. Overtime premium of machine operators 8. Straight-line depreciation of Factory equipment 9. Straight-line depreciation of trucks used for delivery R. of sales to customers 10. Salary of factory supervisor 16
Support Department Cost Allocation-Direct Method Yo-Down tinc. produces yogurt. Information related to the company's yogurt production follow Production Production Production Department 1 Department 2 Department 3 Support Department 1 cost driver 1,400 100 500 Support Department 1% costs total $142,000, Using the direct method of support department cost allocation, determine the costs from Support Department 1 that should be allocated to each production department Support Department 1 cost allocation Production Department 1 Production Production Department 2 Department 3
Required information [The following information applies to the questions displayed below.] Felix & Company reports the following information. Period Units Produced Total Costs $ 4,580 2 480 3,880 4,280 4,880 3,980 4,180 3 880 1,280 1,680 2,080 2,480 2,880 3,280 3,680 4 8,680 16,080 4,880 8 9 10 11,020 Use spreadsheet software to use ordinary least-squares regression to estimate the cost equation, including fixed and variable cost amounts. Cost equation = per unit
A company makes a product R. which requires one each of two first-level components, 5 and T. Routing data for these items are as follows tem Operation No. Dept Work Center Run Time Per unit Setup Time Average Lot size No. No. Std hours) Std hours) R 10 12 0.80 1.50 20 10 12 16 0.50 0.60 40 20 14 1.20 2.00 40 10 16 1.00 0.40 40 20 14 0.30 1.20 40 (a) The Bill of Capacity for product R (in standard hours) at work center 12 is closest to:
docs.google.com/forms/d/e Q 1/ Answer The Following Questions * :Cost objects include .1 products customers departments All of above answers are correct. The general term used to identify both .2 the tracing and the allocation of * :accumulated costs to a cost object is cost accumulation cost assignment cost tracing conversion costing :Budgeted costs are .3 II
/takeAssignment/takeAssignmentMain.do?invoker=Dassignments&takeAssignmentSessionLocator%3Dassignment-take&inprogress%-false ☆ ロ eBook Job Costs Using Activity-Based Costing Heitger Company is a job-order costing firm that uses activity-based costing to apply overhead to jobs. Heitger identified three overhead activities and related drivers. Budgeted information for the year is as follows: Activity Cost Driver Amount of Driver Materials handling $110,700 Number of moves 4,500 Engineering 153,900 Number of change orders 9,000 Other overhead 310,000 Direct labor hours 50,000 Heitger worked on four jobs in July. Data are as follows: Job 13-43 Job 13-44 Job 13-45 Job 13-46 Beginning balance $24,900 $19,800 $2,900 $0 Direct materials $5,800 $9,900 $13,200 $9,500 Direct labor cost $810 $1,080 $1,560 $130 Job 13-43 Job 13-44 Job 13-45 Job 13-46 Number of moves 45 48 33 4 Number of change orders 27 40 23 18 Direct labor hours 810 1,080 1,560 130 By July 31, Jobs 13-43 and 13-44 were completed…
O UIMWiFi > Login O Sci-Hub: removing. Oth Costing Saved Help Save & Ex Strzelecki Corporation uses the step-down method to allocate service department costs to operating departments. The company has two service departments, Service Department A and Service Department B, and two operating departments, Operating Department X and Operating Department Y. Data concerning those departments follow: Service Departments Operating Departments Operating Service Service Operating Department A Department B $ 43,000 Department X Department Y $ 31,000 $ 251,800 $ 311,700 Departmental costs Allocation base A 4,900 2,000 26,000 12,e00 Allocation base B 6,000 2,000 32, еее 4,000 Service Department A costs are allocated first on the basis of allocation base A and Service Department B costs are allocated second on the basis of allocation base B. The total Operating Department Y cost after allocations is closest to: Multiple Choice $321,000 ENG
My Home * CengageNOWv2 | Online teachin- X m/takeAssignment/takeAssignmentMain.do?invoker=8ttakeAssignmentSessionLocator=&inprogress=false High-Low Method The manufacturing costs of Rosenthal Industries for the first three months of the year follow: Total Costs Production January $72,000 1,120 units February 84,640 1,690 March 112,000 2,720 Using the high-low method, determine (a) the varnable cost per unit and (b) the total fixed.cost. a. Variable cost per unit b. Total fixed cost All work saved. 44 °F
cation Problems Check my work mode: This shows what is correct or incorrect for the work you hav Required information LEHIGHTON CHALK COMPANY Income Statement Sales revenue Cost of goods sold: Beginning finished-goods inventory Cost of goods manufactured Cost of goods available for sale Ending finished-goods inventory Cost of goods sold Variable selling and administrative costs Total variable costs: Contribution margin Fixed costs: Fixed manufacturing costs Fixed selling and administrative expenses Total fixed costs Operating income NOV > ››› ››› $ ✓ $ ✓$ ✓$ $ ✓$ $ $ Year 1 65,000 Required 1 0 2,500 65,000 $ 0 $ 2,500 0 $ < Prev Saved $ $ tv Year 2 65,000 0 $ 65,000 $ 65,000 2,500 0✓ 0 $ 65,000 0 Pequired 3 1 of 1 MacBook Pro Next alı