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The following are the departmental data of Omygee Solution Company. If calculated using the sequential method,...
data of Alpha Company. If calculated through the direct method, the support department costs assigned to...
data of Alpha Company. If calculated through the direct method, the support department costs assigned to the grinding department are Grinding Assembly $250,000 $100,000 Power $300,000 Direct overhead costs Expected activity 400,000 100,000 Oa. $100,000 Ob. $200,000 Oc. $150,000 Od.$240,000 e. $350,000 Next Following is the departmental data of Omega Solution Company. If calculated using the sequential method, the cost of power department allocated to the Assembly department is Power MaintenanceGrindingAssembly $300,000 120,000$250,000$100,000 Kilowatt-hours 100,000 300,000 100,000 Oa. $15,000 Ob....
need help with 7.21E. dont understand how to caluclate allocation ratios using sequential method. Exercise 7.20 Dire...
need help with 7.21E.
dont understand how to caluclate allocation ratios using
sequential method.
Exercise 7.20 Direct Method and Overhead Rates Jasmine Company manufactures both pesticide and liquid fertilizer, with each product manufac- tured in separate departments. Three support departments support the production departments: Power, General Factory, and Purchasing. Budgeted data on the five departments are as follows: Support Departments Producing Departments Power General Factory Purchasing Pesticide Liquid Fertilizer Overhead $90,000 $314,000 $167,000 $78,900 $107,800 Square feet 1,500 1,500 4,200...
Sequential Method Eilers Company has two producing departments and two support departments. The following budgeted data...
Sequential Method Eilers Company has two producing departments and two support departments. The following budgeted data pertain to these four departments: Support Departments Producing Departments General Factory Receiving Assembly Finishing Direct overhead $400,000 $160,000 $43,000 $74,000 Square footage — 2,700 5,400 5,400 Number of receiving orders 300 — 1,680 1,020 Direct labor hours — — 25,000 40,000 The support departments are ranked in order of highest cost to lowest cost. Required: 1. Allocate the costs of the support departments using...
2. The Galaxy Company has two service departments (Power and maintenance) and two production departments (Machinery...
2. The Galaxy Company has two service departments (Power and maintenance) and two production departments (Machinery and Assembly). Additional information is given below: Kilowatt Maintenance Cost Hours Hours Machinery 450,000 39,000 1,600 Assembly 210.000 15,000 2,400 Power 135,000 5,500 1,000 Maintenance 90,000 6,000 600 Costs of Power department are allocated on the basis of Kilowatt Hours. The Costs of Maintenance department are allocated on the basis of Maintenance Hours. Total machine hours worked in Machinery Department is 2,500 and total...
2. The Galaxy Company has two service departments (Power and maintenance) and two production departments (Machinery...
2. The Galaxy Company has two service departments (Power and maintenance) and two production departments (Machinery and Assembly). Additional information is given below: Kilowatt Maintenance Cost Hours Hours Machinery 450,000 39,000 1,600 Assembly 210.000 15,000 2,400 Power 135,000 5,500 1,000 Maintenance 90,000 6,000 600 Costs of Power department are allocated on the basis of Kilowatt Hours. The Costs of Maintenance department are allocated on the basis of Maintenance Hours. Total machine hours worked in Machinery Department is 2,500 and total...
Sequential Method Jasmine Company manufactures both pesticide and liquid fertilizer, with each product manufactured in separate...
Sequential Method Jasmine Company manufactures both pesticide and liquid fertilizer, with each product manufactured in separate departments. Three support departments support the production departments: Power, General Factory, and Purchasing. Budgeted data on the five departments are as follows: Support Departments Producing Departments Power General Factory Purchasing Pesticide Liquid Fertilizer Overhead $80,000 $312,000 $169,000 $78,800 $107,700 Square feet 1,500 — 1,500 4,200 4,800 Machine hours — 1,403 1,345 24,000 8,000 Purchase orders 20 40...
Sequential Method Eilers Company has two producing departments and two support departments. The following budgeted...
Sequential Method Eilers Company has two producing departments and two support departments. The following budgeted data pertain to these four departments: Support Departments Producing Departments General Factory Receiving Assembly Finishing Direct overhead $400,000 $160,000 $43,000 $74,000 Square footage 2,700 5,400 5,400 Number of receiving orders 300 1,680 1,020 Direct labor hours 25,000 40,000 The support departments are ranked in order of highest cost to lowest cost. Required: 1. Allocate the costs of the support departments using the sequential method. (Use...
Travelcraft, Inc., manufactures a complete line of fiberglass suitcases and attaché cases. The firm has...
Travelcraft, Inc., manufactures a complete line of fiberglass suitcases and attaché cases. The firm has three manufacturing departments: Molding, Component, and Assembly. There are also two service departments: Power and Maintenance. The sides of the cases are manufactured in the Molding Department. The frames, hinges, and locks are manufactured in the Component Department. The cases are completed in the Assembly Department. Varying amounts of materials, time, and effort are required for each of the cases. The Power Department and...
Sequential (Step) Method of Support Department Cost Allocation Valron Company has two support departments, Human Resources...
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...
Sequential (Step) Method of Support Department Cost Allocation Valron Company has two support departments, Human Resources...
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...
data of Alpha Company. If calculated through the direct method, the support department costs assigned to the grinding department are Grinding Assembly $250,000 $100,000 Power $300,000 Direct overhead costs Expected activity 400,000 100,000 Oa. $100,000 Ob. $200,000 Oc. $150,000 Od.$240,000 e. $350,000 Next Following is the departmental data of Omega Solution Company. If calculated using the sequential method, the cost of power department allocated to the Assembly department is Power MaintenanceGrindingAssembly $300,000 120,000$250,000$100,000 Kilowatt-hours 100,000 300,000 100,000 Oa. $15,000 Ob....
need help with 7.21E.
dont understand how to caluclate allocation ratios using
sequential method.
Exercise 7.20 Direct Method and Overhead Rates Jasmine Company manufactures both pesticide and liquid fertilizer, with each product manufac- tured in separate departments. Three support departments support the production departments: Power, General Factory, and Purchasing. Budgeted data on the five departments are as follows: Support Departments Producing Departments Power General Factory Purchasing Pesticide Liquid Fertilizer Overhead $90,000 $314,000 $167,000 $78,900 $107,800 Square feet 1,500 1,500 4,200...
2. The Galaxy Company has two service departments (Power and maintenance) and two production departments (Machinery and Assembly). Additional information is given below: Kilowatt Maintenance Cost Hours Hours Machinery 450,000 39,000 1,600 Assembly 210.000 15,000 2,400 Power 135,000 5,500 1,000 Maintenance 90,000 6,000 600 Costs of Power department are allocated on the basis of Kilowatt Hours. The Costs of Maintenance department are allocated on the basis of Maintenance Hours. Total machine hours worked in Machinery Department is 2,500 and total...
2. The Galaxy Company has two service departments (Power and maintenance) and two production departments (Machinery and Assembly). Additional information is given below: Kilowatt Maintenance Cost Hours Hours Machinery 450,000 39,000 1,600 Assembly 210.000 15,000 2,400 Power 135,000 5,500 1,000 Maintenance 90,000 6,000 600 Costs of Power department are allocated on the basis of Kilowatt Hours. The Costs of Maintenance department are allocated on the basis of Maintenance Hours. Total machine hours worked in Machinery Department is 2,500 and total...
Sequential Method Eilers Company has two producing departments and two support departments. The following budgeted data pertain to these four departments: Support Departments Producing Departments General Factory Receiving Assembly Finishing Direct overhead $400,000 $160,000 $43,000 $74,000 Square footage 2,700 5,400 5,400 Number of receiving orders 300 1,680 1,020 Direct labor hours 25,000 40,000 The support departments are ranked in order of highest cost to lowest cost. Required: 1. Allocate the costs of the support departments using the sequential method. (Use...
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