What is this cost allocation? -HourS Battery Lifel16FHD IPS Display Up to 2XFaster WirelessCengageNOWv2 | Online teachir Xhttps://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker3D&takeAssignmen... Z| た !Not syncing...a. Asset vaiue or equipment.2. Assume that Kizzle's management allocates Maintenance costs based on the number of service calls. Further assume that in a givenperiod, the Janitorial, Mixing, and Cooking activities incur 16, 40, and 24 service calls, respectively, and that the Janitorial andMaintenance costs of that period are $3,000 and $4,200, respectively. Determine the total costs allocated from each support activity tothe other three activities uşing the reciprocal services method.Maintenance cost allocation:Janitorial:%24Mixing:%24Cooking:Janitorial cost allocation:Maintenance:Mixing:Cooking:$43. The company is considering changing from the reciprocal service method to a simpler method. Why should the company continue withthe reciprocal service method?a. It is complex, but more accurate.b. It can be practiced if the company has sufficient resources and capacity.c. The simpler cost allocation methods are less accurate.10:51 PM1211/16/2020%24%24%24II

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Business

Accounting

What is this cost allocation?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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