Question

Midland Resources has two production departments (Fabrication and Assembly) and three service departments (Engineering, Admin

0 0
Add a comment Improve this question Transcribed image text
Answer #1
particulars basis engineering administration maintanance fabrication assembly
direct cost direct 32000 222800 40000 205000 50000
allocation of cost of engineering department ratio given -32000 12800 4800 14400
allocation of administration department cost ratio given 47120 -235600 58900 106020 23560
allocation of cost of maintanance department ratio given 19780 -98900 29670 49450
allocation of cost of engineering department ratio given -47120 18848 7068 21204
allocation of administration department cost ratio given 7726 -38628 9657 17383 3862
allocation of cost of maintanance department ratio given 1931 -9657 2897 4829
allocation of cost of engineering department ratio given -7726 3090 1160 3476
allocation of administration department cost ratio given 1004 -5021 1255 2259 503
allocation of cost of maintanance department ratio given 251 -1255 376 628
allocation of cost of engineering department ratio given -1004 402 151 451
allocation of administration department cost ratio given 130 -653 163 294 66
allocation of cost of maintanance department ratio given 32 -163 81 50
allocation of cost of engineering department ratio given -130 52 20 58
allocation of administration department cost ratio given 17 -84 21 38 8
allocation of cost of maintanance department ratio given 4 -21 6 11
allocation of cost of engineering department ratio given -17 7 2.55 7.45
allocation of administration department cost ratio given 2.2 -11 2.75 5 1.05
allocation of cost of maintanance department ratio given 0.55 -2.75 0.825 1.375
total 377231.4 172565.9
Add a comment
Know the answer?
Add Answer to:
Midland Resources has two production departments (Fabrication and Assembly) and three service departments (Engineering, Administration, and...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 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. 1.15 points Engineering Supplying Department Engineering Administration Maintenance Direct cost Using Department Administration Maintenance Fabrication 40% 0 15% 25% 45% 30% 15% $248,550 $ 45,000 $230,000 Skipped 208 Assembly 45% 10% 55% $80,000 $ 42,000 eBook References Required: Allocate the service department costs to the two operating departments using the reciprocal...

  • 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. Engineering Supplying Department Engineering Administration Maintenance Direct cost Using Department Administration Maintenance 40% 25% 20% $246,500 $40,000 20% Fabrication 15% 45% 30% $220,000 Assembly 45% 10% 50% $80,000 $38,000 Required: Allocate the service department costs to the two operating departments using the reciprocal method. (Do not round intermediate calculations.) Allocated to:...

  • 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:...

  • 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 30 % 50 % Direct cost $ 50,000 $ 290,300 $ 45,000 $ 250,000 $ 90,000 Supplying Department...

  • Midland Resources has two production departments (Fabrication and Assembly) and three service departments (Engineering,...

    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 Assembly 20% Supplying Department Engineering Administration Maintenance Direct cost 15% Using Department Administration Maintenance 60% 10% 30% $274,500 $45,000 Fabrication 20% 50% 15% $245,000 25% $48,000 55% $80,000 Required: Allocate the service department costs to the two operating departments using the reciprocal method. (Do not round intermediate calculations.) Allocated to:...

  • 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...

  • Anderson Enterprises has three service departments, Administration, Maintenance and security and two production departments, Machining and...

    Anderson Enterprises has three service departments, Administration, Maintenance and security and two production departments, Machining and Assembly. Total Manufacturing overhead was either directly traced or allocated to all of the departments resulting gin a total of $300,000 of overhead in the Maintenance Department, $240,000 in the administration department, $135,000 in the security department, $1,000,000 in the machining department and $300,000 in the assembly department. The company allocates service department cost using the step method. The maintenance department overhead is allocated...

  • BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International....

    BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International. Administration costs are allocated on the basis of employees, and Accounting costs are allocated on the basis of number of transactions. A summary of BluStar operations follows. Administration Accounting Domestic International Employees – 28 46 26 Transactions 32,000 – 25,000 100,000 Department direct costs $ 363,000 $ 145,000 $ 935,000 $ 3,590,000 Required: a. Allocate the cost of the service departments to the operating...

  • 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 Maintenance Cafeteria Machining Assembly Department Machining Assembly Maintenance Cafeteria Direct costs $ 99,000 64,400 40,000 32,000 0.2 0.5 0.1 - 0.3 0.1 0.8 Required: Use the reciprocal method to allocate the service costs. (Matrix algebra is not...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT