FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of
each service department's efforts (in percentages) to the other departments is:
To
From
S1
S1
S2
P1
P2
-
10%
20%
?%
S2
10%
?
30
The direct operating costs of the departments (including both variable and fixed costs) are:
៨៨៩៩
P1
$ 270,000
81,000
68,000
210,000
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Transcribed Image Text:Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other departments is: To From S1 S1 S2 P1 P2 - 10% 20% ?% S2 10% ? 30 The direct operating costs of the departments (including both variable and fixed costs) are: ៨៨៩៩ P1 $ 270,000 81,000 68,000 210,000
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-Cost Allocation
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Mc
Graw
Hill
O
*
་་ ས་Pས་་་"དོ"t སྦྲ'"བྱ་J {'"" P'་དདསų་་
To
From
S1
S2
P1
P2
S1
S2
10%
20%
?%
10%
?
30
The direct operating costs of the departments (including both variable and fixed costs)
S1
S2
៨៨៩៩
P1
P2
$ 270,000
81,000
68,000
210,000
F1
Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Required 3
Determine the total cost of P1 and P2 using the step method.
Note: Do not round intermediate calculations.
Total Cost
Step Method
Allocated
Production department 1
$
186,800
Production department 2
$
431,400
F2
IC
114
Prev
1 of 2
Next >
Pr
F3
F4
FS
F6
F7
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Transcribed Image Text:your bookmarks here on the bookmarks toolbar. Manage bookmarks... -Cost Allocation Saved Check my work mode: This shows what is correct or incorrect for the work Mc Graw Hill O * ་་ ས་Pས་་་"དོ"t སྦྲ'"བྱ་J {'"" P'་དདསų་་ To From S1 S2 P1 P2 S1 S2 10% 20% ?% 10% ? 30 The direct operating costs of the departments (including both variable and fixed costs) S1 S2 ៨៨៩៩ P1 P2 $ 270,000 81,000 68,000 210,000 F1 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the total cost of P1 and P2 using the step method. Note: Do not round intermediate calculations. Total Cost Step Method Allocated Production department 1 $ 186,800 Production department 2 $ 431,400 F2 IC 114 Prev 1 of 2 Next > Pr F3 F4 FS F6 F7
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