1) Allocation on no of computers sold
Main street | Lakeland mall | Total | |
Allocated accounting department cost | 176000*3120/4800 = 114400 | 61600 | 176000 |
2) Allocation on Sales revenue
Main street | Lakeland mall | Total | |
Allocated accounting department cost | 2123000/4825000*176000 = 77440 | 2702000/4825000*176000 = 98560 | 176000 |
results for the two stores for the year. Sales revenue Number of computers sold Main Street...
Coastal Computer operates two retail outlets In Oakview, one on Main Street and the other In Lakeland Mall. The stores share the use of a central accounting department. The cost of the accounting department for last year was $154,000. Following are the operating results for the two stores for the year. Sales revenue Number of computers sold Main Street Lakeland Mall $1,854,430 $2,668,570 2,294 1,406 Required: a. Allocate the cost of the central accounting department to the two stores based...
Coastal Computer operates two retail outlets in Oakview, one on Main Street and the other in Lakeland Mall. The stores share the use of a central accounting department. The cost of the accounting department for last year was $177,000. Following are the operating results for the two stores for the year. Sales revenues Number of computers sold $ Main Street 1.930,200 3,136 Lakeland Mal $ 2.073 800 1,764 Required: a. Allocate the cost of the central accounting department to the...
Coastal Computer operates two retail outlets in Oakview, one on Main Street and the other in Lakeland Mall. The stores share the use of a central accounting department. The cost of the accounting department for last year was $208,000. Following are the operating results for the two stores for the year ain StreetL Lakeland Mall Sales revenues Number of computers sold s 1,913,470 2,655 2,753 530 1,845 Required: a. Allocate the cost of the central accounting department to the two...
Coastal Computer operates two retail outlets in Oakview, one on Main Street and the other in Lakeland Mall. The stores share the use of a central accounting department. The cost of the accounting department for last year was $166,000. Following are the operating results for the two stores for the year. Main Street Lakeland Mall Sales revenue $ 1,854,780 $ 3,026,220 Number of computers sold 2,331 1,369 Required: a. Allocate the cost of the central accounting department to...
Ch 2 Homework Assignment 6 Problem 2-64 (Static) Cost Allocation with Cost Flow Diagram (LO 2-3) Coastal Computer operates two retail outlets in Oakview one on Main Street and the other in Lakeland Mall The stores share the use of a central accounting department. The cost of the accounting department for last year was $180.000. Following are the operating results for the two stores for the year Main Street $ 1,000,000 Lakeland Mall $ 2.000.000 1.600 Number of computers sold...
Coastal Computer operates two retail outlets in Oakview, one on Main Street and the other in Lakeland Mall. The stores share the use of a central accounting department. The cost of the accounting department for last year was $220,000. Following are the operating results for the two stores for the year. Main Street Lakeland Mall Sales revenues $ 1,981,560 $ 2,736,440 Number of computers sold 2,262 1,638 Required: a. Allocate the cost of the central accounting department to...
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...
Zachary Information Services, Inc., has two service departments: human resources and billing. Zachary'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. Legal Services Human Resources 20 $900,000 Number of employees Annual cost* Annual revenue Billing 50 $2,310,000 84 Health Care 208 $ 6,180,000 $...
Check my work Zachary Chicken Corporation processes and packages chicken for grocery stores. It purchases chickens from farmers and processes them into two different products: chicken drumsticks and chicken steak. From a standard batch of 23,000 pounds of raw chicken that costs $14,200, the company produces two parts: 2,500 pounds of drumsticks and 6,000 pounds of breast for a processing cost of $2,282. The chicken breast is further processed into 5,200 pounds of steak for a processing cost of $3,300....
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. Number of employees Annual cost Annual revenue Human Resources 20 $900,000 Billing 50 $1,910,000 Health Care 201 $ 6,110,000 $10,100,000 Retail 151 $4,910,000...