Homework Answers
Allocation
| Repairs | HR | IT | M1 | M2 | |
| Service department costs | 52000 | 71600 | 117000 | ||
| Repairs allocation | -52000 | 20800 | 31200 | ||
| HR allocation | -71600 | 35800 | 35800 | ||
| IT allocation | -117000 | 26000 | 91000 | ||
| Total costs allocated | 0 | 0 | 0 | 82600 | 158000 |
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Bens Corporation has three service departments (Repairs, HR, and IT) and two production departments (M1 and...
Bens Corporation has three service departments (Repairs, HR, and IT) and two production departments (M1 and...
Bens Corporation has three service departments (Repairs, HR, and IT) and two production departments (M1 and M2). The following usage data for each of the service departments for the previous period follow. Repairs HR IT M1 M2 Repairs — 0 % 0 % 40 % 60 % HR 10 % — 20 % 35 % 35 % IT 0 % 10 % — 20 % 70 % The direct costs of the service departments in the previous period were $20,000...
Bens Corporation has three service departments (Repairs, HR, and IT) and two production departments (M1 and M2). The fo...
Bens Corporation has three service departments (Repairs, HR, and IT) and two production departments (M1 and M2). The following usage data for each of the service departments for the previous period follow. Repairs HR IT Repairs HR - 0% 10% - % 10% ID 0% 20% - M1 40% 35% 20% M2 60% 35% 70% The direct costs of the service departments in the previous period were $20,000 for Repairs, $39,600 for HR, and $45,000 for IT. Required: Use the...
Bens Corporation has three service departments (Repairs, HR, and IT) and two production departments (M1 and M2). Th...
Bens Corporation has three service departments (Repairs, HR, and IT) and two production departments (M1 and M2). The following usage data for each of the service departments for the previous period follow Repairs 60% The direct costs of the service departments in the previous period were $100,000 for Repairs, $119,600 for HR, and $225,000 for IT. Required: Use the direct method to allocate the service department costs to the production departments. (Negative amounts should be indicated by a minus sign....
Help Save & E Bens Corporation has three service departments (Repairs, HR, and IT) and two...
Help Save & E Bens Corporation has three service departments (Repairs, HR, and IT) and two production departments (M1 and M2). The following usage data for each of the service departments for the previous period follow Repairs HR Repairs HR 0% 10% - 0% 10% IT 0% 20% - M1 40% 35% 20% M2 60% 35% 70% The direct costs of the service departments in the previous period were $76,000 for Repairs, $95,600 for HR, and $171,000 for IT. Required:...
Caro Manufacturing has two production departments, Machining and Assembly, and two service departments, Maintenance and Cafeteria....
Caro Manufacturing has two production departments, Machining and Assembly, and two service departments, Maintenance and Cafeteria. Direct costs for each department and the proportion of service costs used by the various departments for the month of August follow: Proportion of Services Used by Department Direct Costs Maintenance Cafeteria Machining Assembly Machining $ 150,000 Assembly 77,000 Maintenance 52,000 — 0.3 0.4 0.3 Cafeteria 35,000 0.8 — 0.1 0.1 Required: Use the step method to allocate the service costs, using the following:...
Midland Resources has two production departments (Fabrication and Assembly) and three service departments (Engineer...
Midland Resources has two production departments (Fabrication and Assembly) and three service departments (Engineering Administration, and Maintenance). During July, the following costs and service department usage ratios were recorded. Engineering Supplying Department Engineering Administration Maintenance Direct cost Using Department Administration Maintenance 60% Fabrication 20% 15% Assembly 20% 25% lex Sex 2ex 20% $ 298,000 $52,000 60% $45,000 $255,000 $90,000 Required: Allocate the service department costs to the two operating departments using the reciprocal method. (Do not round intermediate calculations.) Allocated...
Tuscaloosa National Bank has two service departments, the Human Resources (HR) Department and the Computing Department....
Tuscaloosa National Bank has two service departments, the Human Resources (HR) Department and the Computing Department. The bank has two other departments that directly service customers, the Deposit Department and the Loan Department. The usage of the two service departments' output for the year is as follows: Provider of Service User of Service Computing 20 % HR HR Computing Deposit 20% 60% 65% 15% 20% Loan The budgeted costs in the two service departments for the year are as follows:...
Tuscaloosa National Bank has two service departments, the Human Resources (HR) Department and the Computing Department....
Tuscaloosa National Bank has two service departments, the Human Resources (HR) Department and the Computing Department. The bank has two other departments that directly service customers, the Deposit Department and the Loan Department. The usage of the two service departments' output for the year is as follows: User of Service HR Computing Deposit Loan Provider of Service HR Computing 15% 10% 60% 50% 30% 35% The budgeted costs in the two service departments for the year are as follows: $153,000...
Midland Resources has two production departments (Fabrication and Assembly) and three service departments (Engineering, Administration, and...
Midland Resources has two production departments (Fabrication
and Assembly) and three service departments (Engineering,
Administration, and Maintenance). During July, the following costs
and service department usage ratios were recorded:
Supplying Department
Using Department
Engineering
Administration
Maintenance
Fabrication
Assembly
Engineering
0
60
%
0
20
%
20
%
Administration
15
%
0
10
%
50
%
25
%
Maintenance
0
20
%
0
20
%
60
%
Direct cost
$
58,000
$
329,000
$
50,000
$
270,000
$
90,000
Required:
Allocate...
Midland Resources has two production departments (Fabrication and Assembly) and three service departments (Engineering, Administration, and...
Midland Resources has two production departments (Fabrication and Assembly) and three service departments (Engineering, Administration, and Maintenance). During July, the following costs and service department usage ratios were recorded: Supplying Department Using Department Engineering Administration Maintenance Fabrication Assembly Engineering 0 60 % 0 20 % 20 % Administration 15 % 0 10 % 50 % 25 % Maintenance 0 30 % 0 15 % 55 % Direct cost $ 54,000 $ 304,600 $ 50,000 $ 260,000 $ 90,000 Required:...
Bens Corporation has three service departments (Repairs, HR, and IT) and two production departments (M1 and M2). The following usage data for each of the service departments for the previous period follow. Repairs HR IT Repairs HR - 0% 10% - % 10% ID 0% 20% - M1 40% 35% 20% M2 60% 35% 70% The direct costs of the service departments in the previous period were $20,000 for Repairs, $39,600 for HR, and $45,000 for IT. Required: Use the...
Bens Corporation has three service departments (Repairs, HR, and IT) and two production departments (M1 and M2). The following usage data for each of the service departments for the previous period follow Repairs 60% The direct costs of the service departments in the previous period were $100,000 for Repairs, $119,600 for HR, and $225,000 for IT. Required: Use the direct method to allocate the service department costs to the production departments. (Negative amounts should be indicated by a minus sign....
Help Save & E Bens Corporation has three service departments (Repairs, HR, and IT) and two production departments (M1 and M2). The following usage data for each of the service departments for the previous period follow Repairs HR Repairs HR 0% 10% - 0% 10% IT 0% 20% - M1 40% 35% 20% M2 60% 35% 70% The direct costs of the service departments in the previous period were $76,000 for Repairs, $95,600 for HR, and $171,000 for IT. Required:...
Midland Resources has two production departments (Fabrication and Assembly) and three service departments (Engineering Administration, and Maintenance). During July, the following costs and service department usage ratios were recorded. Engineering Supplying Department Engineering Administration Maintenance Direct cost Using Department Administration Maintenance 60% Fabrication 20% 15% Assembly 20% 25% lex Sex 2ex 20% $ 298,000 $52,000 60% $45,000 $255,000 $90,000 Required: Allocate the service department costs to the two operating departments using the reciprocal method. (Do not round intermediate calculations.) Allocated...
Tuscaloosa National Bank has two service departments, the Human Resources (HR) Department and the Computing Department. The bank has two other departments that directly service customers, the Deposit Department and the Loan Department. The usage of the two service departments' output for the year is as follows: Provider of Service User of Service Computing 20 % HR HR Computing Deposit 20% 60% 65% 15% 20% Loan The budgeted costs in the two service departments for the year are as follows:...
Tuscaloosa National Bank has two service departments, the Human Resources (HR) Department and the Computing Department. The bank has two other departments that directly service customers, the Deposit Department and the Loan Department. The usage of the two service departments' output for the year is as follows: User of Service HR Computing Deposit Loan Provider of Service HR Computing 15% 10% 60% 50% 30% 35% The budgeted costs in the two service departments for the year are as follows: $153,000...
Midland Resources has two production departments (Fabrication
and Assembly) and three service departments (Engineering,
Administration, and Maintenance). During July, the following costs
and service department usage ratios were recorded:
Supplying Department
Using Department
Engineering
Administration
Maintenance
Fabrication
Assembly
Engineering
0
60
%
0
20
%
20
%
Administration
15
%
0
10
%
50
%
25
%
Maintenance
0
20
%
0
20
%
60
%
Direct cost
$
58,000
$
329,000
$
50,000
$
270,000
$
90,000
Required:
Allocate...
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