Craylon Corp has two service departments, S1 and S2, and two production departments, P1 and P2....
Craylon Corp has two service departments, S1 and S2, and two production departments, P1 and P2. The data for April were as follows: Services provided to: Activity Costs S1 S2 P1 P2 S1 (cost)$100,000 S1 none S2 20% p1 40% p2 50% S2 cost $80,000 s110% S2 none p1 55% p2 25% Fixed Costs P1 $400,000 P2 $500,000 Required: Allocate the service departments' (S1 & S2) costs to the two operating divisions using the reciprocal method.
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Craylon Corp has two service departments, S1 and S2, and two
production departments, P1 and P2....
Craylon Corp has two service departments, S1 and S2, and two production departments, P1 and P2....
Craylon Corp has two service departments, S1 and S2, and two production departments, P1 and P2. The data for April were as follows: Services provided to: Activity Costs S1 S2 P1 P2 S1 $100,000 20% 40% 50% S2 $80,000 10% 55% 25% Fixed Costs P1 $400,000 P2 $500,000 Required: Allocate the service departments' (S1 & S2) costs to the two operating divisions using the reciprocal method.
Cordner Corporation has two production departments, P1 and P2, and two service departments, S1 and S2....
Cordner Corporation has two production departments, P1 and P2, and two service departments, S1 and S2. Direct costs for each department and the proportion of service costs used by the various departments for the month of July are as follows: Proportion of Services Used by: S1 S2 P1 0.70 0.10 0.20 0.20 0.30 0.50 Department Direct costs $ 60,000 $100,000 $160,000 $140,000 P2 Under the direct method of cost allocation, the amount of S1 costs allocated to S2 would be:...
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and...
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department’s efforts (in percentages) to the other departments is: From To S1 S2 P1 P2 S1 — 20% 30% ? % S2 20% — ? 40 The direct operating costs of the departments (including both variable and fixed costs) are: S1 $ 205,000 S2 71,000 P1 58,000 P2 160,000 Required: 1. Determine the total cost of P1 and...
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and...
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other departments is: To S1 P1 From S1 S2 S2 10% 20% ? P2 ?% 30 10% The direct operating costs of the departments (including both variable and fixed costs) are: S1 S2 P1 P2 $ 225,000 72,000 59,000 165,000 Required: 1. Determine the total cost of P1 and P2 using the...
RT Renovations is organized with two service departments (S1 and S2) and two production departments (P1...
RT Renovations is organized with two service departments (S1 and S2) and two production departments (P1 and P2). The company uses the step method to allocate service department costs, allocating from S1 to S2, P1, and P2 first. The cost accountant tells you that in November, $105,000 was allocated from S2 to P1 (including any cost allocated from S1 to S2). She also tells you that $55,000 was allocated from S1 to S2 in November. P1 used 15 percent of...
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other d...
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other departments is: To From S1 S2 P1 P2 S1 78 -20% 30% S2 20% 2 40 The direct operating costs of the departments (including both variable and fixed costs) are: Si $255,000 85,000 63,000 P2 185,000 S2 P1 Required: 1. Determine the total cost of P1 and P2 using the direct...
RT Renovations is organized with two service departments (S1 and S2) and two production departments (P1...
RT Renovations is organized with two service departments (S1 and S2) and two production departments (P1 and P2). The company uses the step method to allocate service department costs, allocating from S1 to S2, P1, and P2 first. The cost accountant tells you that in November, $110,000 was allocated from S2 to P1 (including any cost allocated from S1 to S2). She also tells you that $30,000 was allocated from S1 to S2 in November. P1 used 20 percent of...
Cordner Corporation has two production departments, P1 and P2, and two service departments, S1 and 52....
Cordner Corporation has two production departments, P1 and P2, and two service departments, S1 and 52. Direct costs for each department and the proportion of service costs used by the various departments for the month of July are as follows: Proportion of Services Used by: S1 S2 P1 P2 0.70 0.10 0.20 0.20 0.30 0.50 Department Direct costs $ 60, 000 S2 $100,000 $160,000 P2 $140,000 S1 P1 Under the step method of allocation, the total amount of service costs...
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other d...
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other departments is: To From S1 S2 P1 P2 S1 78 -20% 30% S2 20% 2 40 The direct operating costs of the departments (including both variable and fixed costs) are: Si $255,000 85,000 63,000 P2 185,000 S2 P1 Required: 1. Determine the total cost of P1 and P2 using the direct...
The Springfield Company has three service departments, S1, S2, and S3, and two production departments, P1...
The Springfield Company has three service departments, S1, S2,
and S3, and two production departments, P1 and P2. The following
data relate to Springfield’s allocation of service department
costs:
Budgeted Costs
Number of Employees
S1
$4,588,000
92
S2
2,834,000
64
S3
2,760,000
41
P1
196
P2
294
Service department costs are allocated by the direct method. The
number of employees is used as the allocation base for all service
department costs.
(a)
Allocate service department costs to production departments.
Service...
Cordner Corporation has two production departments, P1 and P2, and two service departments, S1 and S2. Direct costs for each department and the proportion of service costs used by the various departments for the month of July are as follows: Proportion of Services Used by: S1 S2 P1 0.70 0.10 0.20 0.20 0.30 0.50 Department Direct costs $ 60,000 $100,000 $160,000 $140,000 P2 Under the direct method of cost allocation, the amount of S1 costs allocated to S2 would be:...
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other departments is: To S1 P1 From S1 S2 S2 10% 20% ? P2 ?% 30 10% The direct operating costs of the departments (including both variable and fixed costs) are: S1 S2 P1 P2 $ 225,000 72,000 59,000 165,000 Required: 1. Determine the total cost of P1 and P2 using the...
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other departments is: To From S1 S2 P1 P2 S1 78 -20% 30% S2 20% 2 40 The direct operating costs of the departments (including both variable and fixed costs) are: Si $255,000 85,000 63,000 P2 185,000 S2 P1 Required: 1. Determine the total cost of P1 and P2 using the direct...
Cordner Corporation has two production departments, P1 and P2, and two service departments, S1 and 52. Direct costs for each department and the proportion of service costs used by the various departments for the month of July are as follows: Proportion of Services Used by: S1 S2 P1 P2 0.70 0.10 0.20 0.20 0.30 0.50 Department Direct costs $ 60, 000 S2 $100,000 $160,000 P2 $140,000 S1 P1 Under the step method of allocation, the total amount of service costs...
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other departments is: To From S1 S2 P1 P2 S1 78 -20% 30% S2 20% 2 40 The direct operating costs of the departments (including both variable and fixed costs) are: Si $255,000 85,000 63,000 P2 185,000 S2 P1 Required: 1. Determine the total cost of P1 and P2 using the direct...
The Springfield Company has three service departments, S1, S2,
and S3, and two production departments, P1 and P2. The following
data relate to Springfield’s allocation of service department
costs:
Budgeted Costs
Number of Employees
S1
$4,588,000
92
S2
2,834,000
64
S3
2,760,000
41
P1
196
P2
294
Service department costs are allocated by the direct method. The
number of employees is used as the allocation base for all service
department costs.
(a)
Allocate service department costs to production departments.
Service...
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