Hayes Parker Construction | |||||
Divisional Income Statement for the year ended December 31 , 20XX | |||||
Details | Departments | ||||
Commercial | Residential | Total | |||
$ | $ | $ | |||
Sales | 1927500 | 4497500 | 6425000 | ||
Cost of Goods Sold | 961250 | 2487500 | 3448750 | ||
Operating Expenses | 644842 | 783558 | 1428400 | ||
1606092 | 3271058 | 4877150 | |||
Operating Income | 321408 | 1226442 | 1547850 | ||
Service Department Charges: | |||||
Human Resource Department (8:12) | 100000 | 150000 | |||
Insurance Department (1400:2600) | 5250 | 9750 | |||
Accounting /Business Department (8:12) | 4900 | 7350 | |||
Purchase Department (in Sales Proportion) | 5400 | 12600 | |||
Warehouse Department (1400:2600) | 4725 | 8775 | |||
120275 | 188475 | 308750 | |||
Net Income | 201133 | 1037967 | 1239100 |
yeH Hayes Parker Construction has two (2) departments that operate as profit centers supported by five...
Mitz company has two service departments, maintenance and human resources. marvelous company also has two production departments, mixing and finishing. maintenance costs are allocated based on square footage while human resources costs are allocated based on number of employees. the following information has been gathered for the current year: maintenance human resources mixing finishing direct costs $50,400 $33,600 $42,000 $70,000 square footage 1,600 800 3,200 2,400 number of employees 16 24 48 64 assume the step-down method is used to...
Direct Method of Support Department Cost Allocation Valron Company has two support departments, Human Resources and General Factory, and two producing departments, Fabricating and Assembly. Support Departments Producing Departments Human Resources General Factory Fabricating Assembly Direct costs $160,000 $340,000 $114,600 $93,000 Normal activity: Number of employees — 60 80 170 Square footage 1,000 — 5,700 13,300 The costs of the Human Resources Department are allocated on the basis of number of employees, and the costs of General Factory are allocated...
Direct Method of Support Department Cost Allocation Valron Company has two support departments, Human Resources and General Factory, and two producing departments, Fabricating and Assembly. Support Departments Producing Departments Human Resources General Factory Fabricating Assembly Direct costs $160,000 $340,000 $114,600 $93,000 Normal activity: Number of employees — 60 80 170 Square footage 1,000 — 5,700 13,300 The costs of the Human Resources Department are allocated on the basis of number of employees, and the costs of General Factory are allocated...
Direct Method of Support Department Cost Allocation Valron Company has two support departments, Human Resources and General Factory, and two producing departments, Fabricating and Assembly. Support Departments Producing Departments Human Resources General Factory Fabricating Assembly Direct costs $150,000 $330,000 $114,200 $94,000 Normal activity: Number of employees — 60 80 170 Square footage 1,000 — 5,700 13,300 The costs of the Human Resources Department are allocated on the basis of number of employees, and the costs of General Factory are allocated...
Sequential (Step) Method of Support Department Cost Allocation Valron Company has two support departments, Human Resources and General Factory, and two producing departments, Fabricating and Assembly. Support Departments Producing Departments Human Resources General Factory Fabricating Assembly Direct costs $160,000 $340,000 $114,600 $93,000 Normal activity: Number of employees — 60 80 170 Square footage 1,000 — 5,700 13,300 The costs of the Human Resources Department are allocated on the basis of number of employees, and the costs of General Factory are...
Sequential (Step) Method of Support Department Cost Allocation Valron Company has two support departments, Human Resources and General Factory, and two producing departments, Fabricating and Assembly. Support Departments Producing Departments Human Resources General Factory Fabricating Assembly Direct costs $170,000 $330,000 $114,600 $91,000 Normal activity: Number of employees — 50 70 160 Square footage 1,100 — 5,900 13,000 Resources Department are allocated on the basis of number of employees, and the costs of General Factory are allocated on the basis of...
Perry Company has two service departments, Maintenance and Human Resources, and two production departments, Machining and Assembly. The following data have been estimated for next year's operations: Department: Direct Charges Square Footage Labor Hours Human Resources $135,000 Maintenance 100,000 5,000 Machining 275,000 2,000 20,000 Assembly 225,000 3,000 25,000 The Human Resources Department services all departments. Requirements: (1) Distribute the service department costs using the direct distribution method. (2) Distribute the service department costs using the sequential distribution method with the...
Direct Method of Support Department Cost Allocation Valron Company has two support departments, Human Resources and General Factory, and two producing departments, Fabricating and Assembly Support Departments Producing Departments Human Resources General Factory Fabricating Assembly Direct costs $160,000 $340,000 $114,600 $93,000 Normal activity: Number of employees 60 80 120 170 Square footage 1,000 5,700 13,300 The costs of the Human Resources Department are allocated on the basis of number of employees, and the costs of General Factory are allocated on...
32) Landslide Company has two service departments, Maintenance and Human Resources. Landslide Company also has two production departments, Mixing and Finishing. Maintenance costs are allocated based on square footage while Human Resources costs are allocated based on number of employees. The following information has been gathered for the current year: Human Maintenance Resources Mixing Finishing Direct costs $126,000 $84,000 $105,000 $175,000 Square footage 800 1,600 1,200 Number of employees 24 32 If the step down method is used to allocate...
Rundle Information Services, Inc., has two service departments: human resources and billing. Rundle's operating departments, organized according to the special Industry each department serves, are health care, retail, and legal services. The billing department supports only the three operating departments, but the human resources department supports all operating departments and the billing department. Other relevant information follows. Health Care Human Resources 20 $ 900,000 Number of employees Annual cost Annual revenue Billing 50 $1,910,000 201 Retail 151 $ 4,910,000 $5,650,000...