FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Service Department
Operating Department
Physical
Administration
Assembly
$ 127,160
Testing
$ 737,860
Plant
$ 26,220
$ 78,860
Departmental costs
Employee time
Space occupied
1,000
1,000
4,000
25,000
12,000
9,000
37,000
6,000
Administration Department costs are allocated first on the basis of employee time and Physical Plant Department costs are allocated second on the basis of space occupied. The total
Testing Department cost after allocations is closest to:
Multiple Choice
$754,279
$757,240
$748,960
$757,368
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Transcribed Image Text:Service Department Operating Department Physical Administration Assembly $ 127,160 Testing $ 737,860 Plant $ 26,220 $ 78,860 Departmental costs Employee time Space occupied 1,000 1,000 4,000 25,000 12,000 9,000 37,000 6,000 Administration Department costs are allocated first on the basis of employee time and Physical Plant Department costs are allocated second on the basis of space occupied. The total Testing Department cost after allocations is closest to: Multiple Choice $754,279 $757,240 $748,960 $757,368
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