Homework Answers
| Service Dept | Direct service customer dept. | |||
| HR | Computing | Deposit | Loan | |
| Costs before allocation | 589000 | 818500 | ||
| Allocate HR costs | -589000 | 117800 | 412300 | 58900 |
| (589,000X20%) | (589,000X70%) | (589,000X10%) | ||
| 0 | 936300 | |||
| Allocate computing costs | 187260 | -936300 | 561780 | 187260 |
| (936,300X20%) | (936,300X60%) | (936,300X20%) | ||
| Allocate HR costs | -187260 | 37452.00 | 131082.00 | 18726 |
| (187,260X20%) | (187,260X70%) | (187,260X10%) | ||
| Allocate computing costs | 7490.40 | -37452.00 | 22471.20 | 7490.40 |
| (37452X20%) | (37452X60%) | (37452X20%) | ||
| Allocate HR costs | -7490.40 | 1498.08 | 5243.28 | 749.04 |
| (7490.40X20%) | (7490.40X70%) | (7490.40X10%) | ||
| Allocate computing costs | 299.62 | -1498.08 | 898.85 | 299.62 |
| (1498.08X20%) | (1498.08X60%) | (1498.08X20%) | ||
| Allocate HR costs | -299.62 | 59.92 | 209.73 | 29.96 |
| (299.96X20%) | (299.96X70%) | (299.62X10%) | ||
| Allocate computing costs | 11.98 | -59.92 | 35.95 | 11.98 |
| (59.92X20%) | (59.92X60%) | (59.92X20%) | ||
| Allocate HR costs | -11.98 | 2.40 | 8.39 | 1.20 |
| (11.98X20%) | (11.98X70%) | (11.98X10%) | ||
| Allocate computing costs | 0.48 | -2.40 | 1.44 | 0.48 |
| (2.40X20%) | (2.40X60%) | (2.40X20%) | ||
| Allocate HR costs | -0.48 | 0.10 | 0.34 | 0.05 |
| (0.48X20%) | (0.48X70%) | (0.48X10%) | ||
| Provider of Service | Deposit | Loan | ||
| Allocation of HR Department costs | 548,844 | 78,406 | ||
| Allocation of computing Department costs | 585,187 | 195,062 | ||
| Total costs allocated to each department | 1,134,031 | 273,469 | ||
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Exercise 17-23 Reciprocal-Services Method; Bank (Appendix) (LO 17-6) Tuscaloosa National Bank has two service departments, the...
plzz help Exercise 17-23 Reciprocal-Services Method; Bank (Appendix) (LO 17-6) points Tuscaloosa National Bank has two...
plzz help
Exercise 17-23 Reciprocal-Services Method; Bank (Appendix) (LO 17-6) points 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: eBook User of Service HR Computing Deposit Loan Provider of Service HR Computing 0 15% 15% 65% 55% 20% 30% Print The...
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...
Aurora National Bank has two service departments, the Human Resources (HR) Department and the Computing Department....
Aurora 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 Human Computing 15% User of Service Resources Human Resources (HR) Computing 20% Deposit 50% Loan 30% 50% 35% The budgeted costs in the two service departments for the year are...
plzz help 4 Problem 17-33 Reciprocal-Service Method (Appendix) (LO 17-6) points Celestial Artistry Company is developing...
plzz help
4 Problem 17-33 Reciprocal-Service Method (Appendix) (LO 17-6) points Celestial Artistry Company is developing departmental overhead rates based on direct-labor hours for its two production departments, Etching and Finishing. The Etching Department employs 25 people and the Finishing Department employs 75 people. Each person in these two departments works 1,700 hours per year. The production- related overhead costs for the Etching Department are budgeted at $170,000, and the Finishing Department costs are budgeted at $290,000. Two service departments,...
Problem 17-33 Reciprocal-Service Method (Appendix) (LO 17-6) Celestial Artistry Company is developing departmental overhead rates based...
Problem 17-33 Reciprocal-Service Method (Appendix) (LO 17-6) Celestial Artistry Company is developing departmental overhead rates based on direct-labor hours for its two production departments, Etching and Finishing. The Etching Department employs 20 people and the Finishing Department employs 80 people. Each person in these two departments works 1,200 hours per year. The pr at $120,000, and the Finishing Department costs are budgeted at $240,000. Two service departments, Maintenance and Computing. directly support the two production departments. These service departments have...
Direct method of support department cost allocation: bank aewide Bank has two support departments: the Human...
Direct method of support department cost allocation: bank aewide Bank has two support departments: the Human Resources Department and the Computing Department. The bank also has two departments that service customers directly: the (LOO] Computing Deposits Department and the Loans Department. The usage of the two support departments output in the year just ended was as follows: Provider of service Computing 20% Human Resources User of service Human Resources Computing Deposits Loans 2096 50% 30% 60% 20% The budgeted costs...
Hudson Community College enrolls students in two departments, Liberal Arts and Sciences. The college also has...
Hudson Community College enrolls students in two departments, Liberal Arts and Sciences. The college also has two service departments, the Library and the Computing Services Department. The usage of these two service departments’ output for the year is as follows: Provider of Service User of Service Library Computing Services Library — 20 % Computing Services — — Liberal Arts 75 % 30 % Sciences 25 % 50 % The budgeted costs in the two service departments for the year are...
Bay State Community College enrolls students in two departments, Liberal Arts and Sciences. The college also...
Bay State Community College enrolls students in two departments, Liberal Arts and Sciences. The college also has two service departments, the Library and the Computing Services Department. The usage of these two service departments’ output for the year is as follows: Provider of Service User of Service Library Computing Services Library — 10 % Computing Services — — Liberal Arts 80 % 20 % Sciences 20 % 70 % The budgeted costs in the two service departments for the...
Exercise 11-31 Cost Allocation: Reciprocal Method (LO 11-4) Caro Manufacturing has two production...
Exercise 11-31 Cost Allocation: Reciprocal Method (LO 11-4) 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 b Direct CostsMaintenance Cafeteria Department Machining Assembly Maintenance Cafeteria Machining Assembly $99,000 64,400 40,000 32,000 0.5 0.3 0.1 0.2 0.8 Required Use the reciprocal method to allocate the service costs....
plzz help
Exercise 17-23 Reciprocal-Services Method; Bank (Appendix) (LO 17-6) points 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: eBook User of Service HR Computing Deposit Loan Provider of Service HR Computing 0 15% 15% 65% 55% 20% 30% Print The...
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...
Aurora 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 Human Computing 15% User of Service Resources Human Resources (HR) Computing 20% Deposit 50% Loan 30% 50% 35% The budgeted costs in the two service departments for the year are...
plzz help
4 Problem 17-33 Reciprocal-Service Method (Appendix) (LO 17-6) points Celestial Artistry Company is developing departmental overhead rates based on direct-labor hours for its two production departments, Etching and Finishing. The Etching Department employs 25 people and the Finishing Department employs 75 people. Each person in these two departments works 1,700 hours per year. The production- related overhead costs for the Etching Department are budgeted at $170,000, and the Finishing Department costs are budgeted at $290,000. Two service departments,...
Problem 17-33 Reciprocal-Service Method (Appendix) (LO 17-6) Celestial Artistry Company is developing departmental overhead rates based on direct-labor hours for its two production departments, Etching and Finishing. The Etching Department employs 20 people and the Finishing Department employs 80 people. Each person in these two departments works 1,200 hours per year. The pr at $120,000, and the Finishing Department costs are budgeted at $240,000. Two service departments, Maintenance and Computing. directly support the two production departments. These service departments have...
Direct method of support department cost allocation: bank aewide Bank has two support departments: the Human Resources Department and the Computing Department. The bank also has two departments that service customers directly: the (LOO] Computing Deposits Department and the Loans Department. The usage of the two support departments output in the year just ended was as follows: Provider of service Computing 20% Human Resources User of service Human Resources Computing Deposits Loans 2096 50% 30% 60% 20% The budgeted costs...
Exercise 11-31 Cost Allocation: Reciprocal Method (LO 11-4) 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 b Direct CostsMaintenance Cafeteria Department Machining Assembly Maintenance Cafeteria Machining Assembly $99,000 64,400 40,000 32,000 0.5 0.3 0.1 0.2 0.8 Required Use the reciprocal method to allocate the service costs....
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