Homework Answers
| Alloation of Overhead | |||||||
| Under Step-Down Method | |||||||
| Buildings & Grounds | Personnel | General Plant & Admin. | Cafeteria Operating Loss | Storeroom | Machining | Assembly | |
| Budgeted Costs | $ 42,000.00 | $ 2,220.00 | $ 11,040.00 | $ 1,150.00 | $ 5,156.00 | $ 31,000.00 | $ 50,000.00 |
| Buildings & Grounds | $ 42,000.00 | $ 180.00 | $ 2,880.00 | $ 1,800.00 | $ 720.00 | $ 7,200.00 | $ 29,220.00 |
| Personnel | - | $ 2,400.00 | $ 480.00 | $ 240.00 | $ 96.00 | $ 960.00 | $ 624.00 |
| General Plant & Admin. | - | - | $ 14,400.00 | $ 800.00 | $ 800.00 | $ 5,600.00 | $ 7,200.00 |
| Cafeteria Operating Loss | - | - | - | $ 3,990.00 | $ 228.00 | $ 2,280.00 | $ 1,482.00 |
| Storeroom | $ 7,000.00 | $ 3,500.00 | $ 3,500.00 | ||||
| Total Cost allocated | - | - | - | - | - | $ 50,540.00 | $ 92,026.00 |
| Direct Manufacturing Labor Hours | 10,000 | 5,000 | |||||
| Overhead Rate per Direct Manf. Labor hour | $ 5.05 | $ 18.41 | |||||
Working:
| Costs | Allocation Base | Allocation Rate | |||
| Buildings & Grounds | $ 42,000.00 | 350000 | sq. feet of Floor space | $ 0.12 | per sq. feet |
| Personnel | $ 2,400.00 | 300 | no. of employees | $ 8.00 | per employee |
| General Plant & Admin. | $ 14,400.00 | 18000 | Manf. Lab Hours | $ 0.80 | per manf. Lab. Hrs |
| Cafeteria Operating Loss | $ 3,990.00 | 210 | no. of employees | $ 19.00 | per employee |
| Storeroom | $ 7,000.00 | 5000 | No. of requisition | $ 1.40 | per requisition |
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allocate suspion departments Alcase the cost of the support parents in the underg r o u...
Requirement 2. Using the direct method, rework requirement 1 Using the direct method, allocate support-department costs....
Requirement 2. Using the direct method, rework requirement 1 Using the direct method, allocate support-department costs. (Round cost allocations to the nearest whole dollar. Use parentheses or a minus sign when decreasing departments by allocating costs.) Operating Departments Support Departments General Cafeteria Plant Operating Bldg and Storeroom Machining Grounds Personnel Admin. Loss Assembly Costs incurred Allocation of costs: Building and grounds Personnel General plant administration Cafeteria Storeroom Total budgeted costs of operating departments Enter any number in the edit fields...
Requirement 2. Using the direct method, rework requirement 1. Using the direct method, allocate support-department costs....
Requirement 2. Using the direct method, rework requirement 1. Using the direct method, allocate support-department costs. (Round cost allocations to the nearest whole dollar. Use parentheses Operating Departments Support Departments General Cafeteria Plant Operating Bldg and Grounds Personnel Admin. Loss Storeroom Machining Assembly Costs incurred Allocation of costs: Building and grounds Personnel General plant administration Cafeteria Storeroomm Total budgeted costs of operating departments Enter any number in the edit fields and then click Check Answer. ㄧㄨ Data Table Support departments:...
solve using step down method problem 15-30. Costs Support departments Buildings and grounds Personnel General plant...
solve using step down method
problem 15-30. Costs Support departments Buildings and grounds Personnel General plant administration Cafeteria: operating costs Storeroom Operating departments Machining Assembly 45000 7800 36120 20670 18300 127890 Immo-NM 36000 60000 96000 Total 223890 DLH Building and grounds Pesonnel General plant administration Cafeteria: operating costs Storeroom Machining Assembly #of Employees 0 0 40 10 5 55 140 250 Square Indirect of Feet LH Requisitions 0 0 0 25000 0 12000 0 0 4500 3000 6000 2000 22000...
The Heightened Hill Company has prepared department overhead budgets for budgeted-volume levels before allocations as follows:...
The Heightened Hill Company has prepared department overhead budgets for budgeted-volume levels before allocations as follows: Support departments: Building and grounds $21,000 Personnel 1,520 General plant administration 36,960 Cafeteria: Operating loss 105 Storeroom 2,975 $62,560 Operating departments: Machining $34,000 Assembly 49,000 83,000 Total for support and operating departments $145,560 Management has decided that the most appropriate inventory costs are achieved by using individual department overhead rates. These rates are developed after support-department costs are allocated to operating departments. Bases for...
The Southern Wind Company has prepared department overhead budgets for budgeted-volume levels before allocations as follows:...
The Southern Wind Company has prepared department overhead budgets for budgeted-volume levels before allocations as follows: (Click the icon to view the department overhead budgets.) Management has decided that the most appropriate inventory costs are achieved by using individual department overhead rates. These rates are developed after support-department costs are allocated to operating departments. Bases for allocation are to be selected from the following: Click the icon to view the data.) Read the requirements Operating Departments Support Departments General Cafeteria...
Direct Square Feet of Manufacturing Number of Floor Space Manufacturing Number of Department Labor-Hours Employees Occupied...
Direct Square Feet of Manufacturing Number of Floor Space Manufacturing Number of Department Labor-Hours Employees Occupied Labor-Hours Requisitions Building and grounds 0 0 0 0 0 Personnel* 0 0 8,400 0 0 General plant administration 0 42 12,600 0 0 Cafeteria: operating loss 0 14 5,600 1,000 0 Storeroom 0 28 39,200 2,000 0 Machining 6,000 70 56,000 6,000 6,000 Assembly 6,000 126 128,200 6,600 2,000 Total 12,000 280 250,000 15,600 8,000 *Basis used is number of employees Support departments:...
The Southern Wind Company has prepared department overhead budgets for budgeted-volume levels bef...
The Southern Wind Company has prepared department overhead budgets for budgeted-volume levels before allocations as follows: 囲click the icon to view the department overhead budgets.) Management has decided that the most appropriate inventory costs are achieved by using individual department overhead rates. These rates are developed after support-department costs are allocated to operating departments. Bases for allocation are to be selected from the following: 囲(Click the icon to view the data.) Read the requirements Support departments: $30,000 1,350 77,136 1,049...
Direct Square Feet of Manufacturing Number of Floor Space Manufacturing Number of Department Labor-Hours Employees Occupied...
Direct Square Feet of Manufacturing Number of Floor Space Manufacturing Number of Department Labor-Hours Employees Occupied Labor-Hours Requisitions Building and grounds 0 0 0 0 0 Personnel* 0 0 8,400 0 0 General plant administration 0 42 12,600 0 0 Cafeteria: operating loss 0 14 5,600 1,000 0 Storeroom 0 28 39,200 2,000 0 Machining 6,000 70 56,000 6,000 6,000 Assembly 6,000 126 128,200 6,600 2,000 Total 12,000 280 250,000 15,600 8,000 *Basis used is number of employees Support departments:...
The Norther Plain Company has prepared department overhead budgets for budgeted volume levels before alocations as...
The Norther Plain Company has prepared department overhead budgets for budgeted volume levels before alocations as follows (Click the icon to view the department overhead budgets.) Management has decided that the most approprierwentory costs are achieved by using individual department overhead rates. These rates are developed after wapport department costs are allocated to operating departments Bases for allocation are to be selected from the following: Click the icon to view the data) i Data Table $ 22,500 2,394 Support departments:...
The Eastern Summit Company has prepared department overhead budgets for budgeted-volume levels before allocations as follows:...
The Eastern Summit Company has prepared department overhead budgets for budgeted-volume levels before allocations as follows: Support departments: Building and grounds $45,000 Personnel 7,800 General plant administration 36,120 Cafeteria: Operating loss 20,670 Storeroom 18,300 $127,890 Operating departments: Machining $36,000 Assembly 60,000 96,000 Total for support and operating departments $223,890 Management has decided that the most appropriate inventory costs are achieved by using individual department overhead rates. These rates are developed after support-department costs are allocated to operating departments. Bases for...
Requirement 2. Using the direct method, rework requirement 1 Using the direct method, allocate support-department costs. (Round cost allocations to the nearest whole dollar. Use parentheses or a minus sign when decreasing departments by allocating costs.) Operating Departments Support Departments General Cafeteria Plant Operating Bldg and Storeroom Machining Grounds Personnel Admin. Loss Assembly Costs incurred Allocation of costs: Building and grounds Personnel General plant administration Cafeteria Storeroom Total budgeted costs of operating departments Enter any number in the edit fields...
Requirement 2. Using the direct method, rework requirement 1. Using the direct method, allocate support-department costs. (Round cost allocations to the nearest whole dollar. Use parentheses Operating Departments Support Departments General Cafeteria Plant Operating Bldg and Grounds Personnel Admin. Loss Storeroom Machining Assembly Costs incurred Allocation of costs: Building and grounds Personnel General plant administration Cafeteria Storeroomm Total budgeted costs of operating departments Enter any number in the edit fields and then click Check Answer. ㄧㄨ Data Table Support departments:...
solve using step down method
problem 15-30. Costs Support departments Buildings and grounds Personnel General plant administration Cafeteria: operating costs Storeroom Operating departments Machining Assembly 45000 7800 36120 20670 18300 127890 Immo-NM 36000 60000 96000 Total 223890 DLH Building and grounds Pesonnel General plant administration Cafeteria: operating costs Storeroom Machining Assembly #of Employees 0 0 40 10 5 55 140 250 Square Indirect of Feet LH Requisitions 0 0 0 25000 0 12000 0 0 4500 3000 6000 2000 22000...
The Southern Wind Company has prepared department overhead budgets for budgeted-volume levels before allocations as follows: (Click the icon to view the department overhead budgets.) Management has decided that the most appropriate inventory costs are achieved by using individual department overhead rates. These rates are developed after support-department costs are allocated to operating departments. Bases for allocation are to be selected from the following: Click the icon to view the data.) Read the requirements Operating Departments Support Departments General Cafeteria...
The Southern Wind Company has prepared department overhead budgets for budgeted-volume levels before allocations as follows: 囲click the icon to view the department overhead budgets.) Management has decided that the most appropriate inventory costs are achieved by using individual department overhead rates. These rates are developed after support-department costs are allocated to operating departments. Bases for allocation are to be selected from the following: 囲(Click the icon to view the data.) Read the requirements Support departments: $30,000 1,350 77,136 1,049...
The Norther Plain Company has prepared department overhead budgets for budgeted volume levels before alocations as follows (Click the icon to view the department overhead budgets.) Management has decided that the most approprierwentory costs are achieved by using individual department overhead rates. These rates are developed after wapport department costs are allocated to operating departments Bases for allocation are to be selected from the following: Click the icon to view the data) i Data Table $ 22,500 2,394 Support departments:...
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