Homework Answers
Answer:b. $8,750
Explanation:
Total Overhead of S1 department = Direct Overhead + Allocated Overhead
Total Overhead of S1 department = $30,000 + $5,000
Total Overhead of S1 department = $35,000
Overhead Cost per Square Feet = Total Overhead Cost/Total Square Feet
Overhead Cost per Square Feet = $35,000/4,000
Overhead Cost per Square Feet = $8.75 Per Square Feet
S1's Overhead Allocated to Department P2 = 1,000 square feet
$8.75
S1's Overhead Allocated to Department P2 = $8,750
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