FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Veneer Company has two support departments and two producing departments. The number of employees in each department is:

- Personnel: 10
- Cafeteria: 25
- Producing Department A: 265
- Producing Department B: 250

Total: 550

The department costs of the Personnel Department are allocated on the basis of the number of employees. If these costs are budgeted at $37,125 during a given period, the amount of cost allocated (rounded to two decimal places) to Department B under the direct method would be:

- $0.00
- $16,875.00
- $17,187.50
- $18,191.00
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Transcribed Image Text:Veneer Company has two support departments and two producing departments. The number of employees in each department is: - Personnel: 10 - Cafeteria: 25 - Producing Department A: 265 - Producing Department B: 250 Total: 550 The department costs of the Personnel Department are allocated on the basis of the number of employees. If these costs are budgeted at $37,125 during a given period, the amount of cost allocated (rounded to two decimal places) to Department B under the direct method would be: - $0.00 - $16,875.00 - $17,187.50 - $18,191.00
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