Question : 43 - Kaplan Services Company (KSC) has 62 employees, 33 of whom are assigned to Division A and 29 to Division B. KSC incurred $377,580 of fringe benefits cost during 2014. Required Determine the amount of the fringe benefits cost to be allocated to Division A and to Division B.
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Question : 43 - Kaplan Services Company (KSC) has 62 employees, 33 of whom are assigned to Division A and 29 to Division B. KSC incurred $377,580 of
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- Kaplan Services Company (KSC) has 62 employees, 33 of whom are assigned to Division A and 29 to Division B. KSC incurred $377,580 of fringe benefits cost during 2014. Required Determine the amount of the fringe benefits cost to be allocated to Division A and to Division B.Campbell Services Company has 70 employees, 21 of whom are assigned to Division A and 49 to Division B. Campbell incurred $433,300 of fringe benefits cost during year 2. Required Determine the amount of the fringe benefits cost to be allocated to Division A and to Division B. Allocated Cost Divislon B.Stuart Services Company has 64 employees, 30 of whom are assigned to Division A and 34 to Division B. Stuart incurred $397,440 of fringe benefits cost during year 2. Determine the amount of the fringe benefits cost to be allocated to Division A and Division B. Division Allocated Cost A B
- Finch Services Company has 54 employees, 33 of whom are assigned to Division A and 21 to Division B. Finch incurred $327,240 of fringe benefits cost during year 2. Required Determine the amount of the fringe benefits cost to be allocated to Division A and to Division B. Allocated Division Cost A ВRundle Services Company has 53 employees, 36 of whom are assigned to Division A and 17 to Division B. Rundle incurred $318,000 of fringe benefits cost during Year 2. Required Determine the amount of the fringe benefits cost to be allocated to Division A and to Division B. Division A B Allocated CostA company uses charging rates to allocate service department costs to the using departments. The accountant compiled the following information on one of the service departments: If Department K plans to use 1,350 hours of the service departments service in the coming year, how much of the service departments cost is allocated to Department K? a. 3,375 b. 27,300 c. 26,325 d. 23,950
- ABC Company has two support departments, HR and IS, and two operating departments, Production and Sales. HR department costs are allocated using number of employees, and IS department costs are allocated using Labor hours. For July 2019, the following information is given: Cost Before Allocation Number of Employees Labor Hours HR IS $90,000 $60,000 2,000 Answer: 6,000 Production $360,000 3,000 15,000 Sales $520,000 5,000 9,000 Total $1,030,000 10,000 30,000 Using the Direct method, What IS department cost will be allocated to the Sales departments?of 2 ook sk -int rences N 124,011 F1 @ W Required information Problem 6-13A & 6-14A (Algo) [The following information applies to the questions displayed below.] Snow Mountain Equipment has 24 employees distributed among the following departments: Sales: 5 Factory: 12 Administration: 7 The total annual payroll for Snow Mountain Equipment is $900,000. Problem 6-14A (Algo) Required: Compute the labor distribution based on the number of employees per department. F2 Sales Factory Administration 3 E 15 80 F3 $ Q F4 % 5 K F7 *00 8 DII F8 ( 9 F9 C ) 7 F10Lee Company allocates overhead expenses to all departments on the basis of floor space (square feet) occupied by each department. The total overhead expenses for a recent year were $200,000. Department A occupied 8,000 square feet; Department B, 20,000 square feet; and Department C, 7,000 square feet. What is the overhead allocated to Department C? (Round your answer to the nearest whole dollar amount.) Overhead allocated
- Q.2. From the following particulars ascertain the lábour cost per day of 8. hours: 1. Basic.pay 7200-p.m., 2. Leave pay 5% 3. Employers contribution to PF 8% of first and second 4.Employer's contribution to ESI 2 1/2% of first and second; 5.Pro-rata amenities 17.95 per head p.m. 6.Working hours in a month 200 hours. SofuutionProblem 4-26A (Algo) Allocating service center costs-step method and direct method LO 4-6 Walton Information Services, Ic., has two service departments: human resources and billing. Walton's operating departments, organized according to the special industry each department serves, are health care, retail, and legal services. The billing department supports only the three operating departments, but the human resources department supports all operating departments and the billing department. Other relevant information follows. Human Legal Resources Billing Health Care Retail Services Number of employees 20 50 207 157 86 $ 6,170,000 $10,700,000 Annual cost* $900,000 $2,110,000 $4,970,000 $5,350,000 $2,970,000 $3,950,000 Annual revenue *This is the operating cost before allocating service department costs. Required a. Allocate service department costs to operating departments, assuming that Walton adopts the step method. The company uses the number of employees as the base for allocating…Complete the following (assume $93,500 of overhead to be distributed): (Round the "Ratio" to 2 decimal places.) Amount of Overhead Square Feet Ratio Allocated Department A Department B 15,040 31,960