E F G H Use the following information to allocate costs using the direct, step, and...
State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits and Loans). A summary of costs and other data for each department prior to allocation of service department costs for the year ended December 31 follows. Administration Communications Facilities Deposits Loans Direct costs $230,000 $270,000 $252,000 $7,840,000 $4,700,000 Employee hours 29,000 33,000 22,500 419,000 350,000 Number of Employees 6 17 7 220 150 Square footage occupied 4,800 13,800 5,200 248,400 203,200 The costs of...
State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits and Loans). A summary of costs and other data for each department prior to allocation of service department costs for the year ended December 31 follows Administration Communications Facilites DepositsLoans Direct costs Employee hours Number of employees Square footage occupied 5170,000 22,500 350,000 33,000 13 13,500 5257,000 57,810,000 55,000,000 312,000 170 244,000 204,100 24,000 439,000 190 5,000 5,400 The costs of the service departments...
State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits and Loans). A summary of costs and other data for each department prior to allocation of service department costs for the year ended December 31 follows: Administration Communications Facilities Deposits Loans Direct costs $ 240,000 $ 350,000 $ 256,000 $ 7,740,000 $ 5,400,000 Employee hours 22,000 32,000 21,000 438,000 386,000 Number of employees 7 14 5 210 160 Square footage occupied 4,600 13,600 5,200...
State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits and Loans). A summary of costs and other data for each department prior to allocation of service department costs for the year ended December 31 follows. Administration Communications Facilities Deposits $8,410,000 $5,300,000 Loans Direct costs $190,000 $290,000 $257,000 Employee hours Number of employees Square footage occupied 416,000 27,500 37,000 24,500 324,000 8 10 6 230 180 4,700 13,100 5,500 248,500 204,000 The costs of...
State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits and Loans). A summary of costs and other data for each department prior to allocation of service department costs for the year ended December 31 follows: Administration Communications Facilities Deposits Loans Direct costs $ 170,000 $ 340,000 $ 259,000 $ 8,450,000 $ 4,800,000 Employee hours 28,500 34,000 18,500 496,000 302,000 Number of employees 7 14 6 230 150 Square footage occupied 5,200 12,500 5,300...
State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits and Loans). A summary of costs and other data for each department prior to allocation of service department costs for the year ended December 31 follows. Administration Communications Facilities Deposits Loans Direct costs $ 240,000 $ 290,000 $ 260,000 $ 8,360,000 $ 4,700,000 Employee hours 25,000 33,000 19,000 445,000 343,000 Number of employees 9 18 5 230 150 Square footage occupied 4,600 12,700 5,500...
State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits and Loans). A summary of costs and other data for each department prior to allocation of service department costs for the year ended December 31 follows: Administration Communications Facilities Deposits Loans Direct costs $ 190,000 $ 280,000 $ 256,000 $ 7,710,000 $ 4,600,000 Employee hours 22,500 35,000 20,500 482,000 371,000 Number of employees 7 14 5 180 180 Square footage occupied 4,800 13,600 5,100...
State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits and Loans). A summary of costs and other data for each department prior to allocation of service department costs for the year ended December 31 follows. Administration Facilities $255,000 Communications Deposits $7,750,000 $4,700,000 491,000 230 244,700 Loans Direct costs $180,000 $330,000 34,000 Employee hours Number of employees Square footage occupied 20,500 309,000 21,500 15 130 4,800 13,900 5,300 201,700 The costs of the service...
Required B, C, D is asking the Amount. State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits and Loans). A summary of costs and other data for each department prior to allocation of service department costs for the year ended December 31 follows. Administration Communications $ 200,000 $340,000 28,000 33,000 9 18 5,500 12,800 Facilities $ 258,000 19,000 Direct costs Employee hours Number of employees Square footage occupied Deposits $8,220,000 416,000 200 244,900...
12) Koehl Corporation uses the direct method to allocate service department costs to 12) operating departments. The company has two service departments, Administrative and Facilities, and two operating departments, Assembly and Wholesaling. Service Departments Operating Department Departmental costs Employee hours Space occupied Administrative Facilities Assembly Wholesaling $19,440 $71,340 $185,580 $392,950 4,000 2,000 22,000 4,000 2,000 1,000 39,000 2,000 Administrative costs are allocated on the basis of employee hours and Facilities costs are allocated on the basis of space occupied. The...