1. Compute for the total Factory overhead cost of H Department, if the company uses the step method in allocating service department costs and distributes the cost of Department U first, Department V second and finally Department W. 2. Compute for the Factory overhead rate of Department G if the company uses the direct method and the producing departments using the following bases: Department H, 100,000 direct labor hours; and Department G, 195,000 direct labor hours The Madalilangto Ink Company prepared the following table for the year 2019:ProductionService DepartmentsDepartmentsHUVw770,000120,500420,000170,00015,00023,0009,5007,0007,500Rent250,000100,000350,000157,50061,00014,50030,0007,000RepairsFuel6,000Indirect Labor145,000100,00097,500Indirect56,500127,00094,50060,000MaterialsHeat and Light6,000151,20071,30050,500Following is the result of the factory survey regarding service departments:[A] Department U services G, V, and W in the ratio of 2:1:1, respectively;[B] Department services Department H, G, U, and w in the ratio of 4:3:2:1, respectively;[C] Department W services Department H and G in the ratio of 3:1, respectively.202,50094,00060,0009,0007,5002,0003,000DepreciationMiscellaneous1,500500500500

Initially, actual overheads of all departments shall be calculated. After that apportionment of…

Production Service Departments Departments H V w Rent 250,000 770,000 120,500 15,000 23,000 14,500 30,000 7,000 100,000 7,000 Repairs 100,000 7,500 Fuel 350,000 420,000 9,500 6,000 Indirect Labor 157,500 170,000 145,000 97,500 60,000 Indirect 61,000 56,500 127,000 94,500 Materials Heat and Light 202,500 151,200 9,000 6,000 7,500 Depreciation Miscellaneous Following is the result of the factory survey regarding service departments: [A] Department U services G, V, and W in the ratio of 2:1:1, respectively; [B] Department V services Department H, G, U, and W in the ratio of 4:3:2:1, respective [C] Department W services Department H and G in the ratio of 3:1, respectively. 94,000 60,000 71,300 50,500 3,000 500 1,500 2,000 500 500

Production Service Departments Departments H V w Rent 250,000 770,000 120,500 15,000 23,000 14,500 30,000 7,000 100,000 7,000 Repairs 100,000 7,500 Fuel 350,000 420,000 9,500 6,000 Indirect Labor 157,500 170,000 145,000 97,500 60,000 Indirect 61,000 56,500 127,000 94,500 Materials Heat and Light 202,500 151,200 9,000 6,000 7,500 Depreciation Miscellaneous Following is the result of the factory survey regarding service departments: [A] Department U services G, V, and W in the ratio of 2:1:1, respectively; [B] Department V services Department H, G, U, and W in the ratio of 4:3:2:1, respective [C] Department W services Department H and G in the ratio of 3:1, respectively. 94,000 60,000 71,300 50,500 3,000 500 1,500 2,000 500 500

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter10: Financial Statements And Reports

Section: Chapter Questions

Problem 2.8C

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