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Problem 1 Samsung has two operating/user departments, Gen 4 & Gen 5. The two support departments are Information Technology (IT) & Product Development (PD). The costs incurred in each of these departments are as follows: Gen 4 $300,000 Gen 5 $480.000 IT $60,000 PD $150,000 The actual level of support is as follows: Supplied by Used by ITPD Gen 4 Gen 5 10% 30% 60% PD 20% 25% 55% Determine the cost allocated to: 1. Gen 4 using the direct...
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Manhattan Partners provides management consulting services to
government and corporate clients. Concord has two support
departments---administrative services (AS) and information system
(IS)---and two operating departments---government consulting
(GOVT) and corporate consulting (CORP). For the first quarter of
2017, Manhattan's cost records indicate the following:
SUPPORT
OPERATING
AS
IS
GOVT
CORP
Total
Budgeted overhead costs before any
interdepartment cost allocations
$390,000
$3,600,000
$8,750,000
$12,540,000
$25,280,000
Support work supplied by AS
(budgeted head count)
---
20%
48%
32%
100%
Support work supplied by...
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Phoenix Partners provides management consulting services to government and corporate clients. Phoenix has two support departments-administrative services (AS) and information systems (15)—and two operating departments-government consulting (GOVT) and corporate consulting (CORP). For the first quarter of 2017, Phoenix's cost records indicate the following: SUPPORT ASIS OPERATING GOVT CORP Total $ 600,000 $ 2,400,000 $8,756,000 $ 12,452,000 $ 24,208,000 Budgeted overhead costs before any interdepartment cost allocations Support work supplied by AS (budgeted head count) Support work supplied by IS (budgeted...
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Manhattan Partners provides management consulting Services to government and corporate clients Manhattan has two support departments administrative services (AS) and information systems (15) and two operating departments government consulting (GOT) and corporate consulting (CORP) For the first quarter of 2017. Manhattan's cost records indicate the following 11. Click the icon to view the cost records) The two support department costs have been allocated to the two operating departments in the direct method and the p-down method (AS department and the...
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Valdosta State University has two
colleges, College of Business Administration (COBA) & College
of Education (COE). The two support departments are Physical Plant
& the Library. The costs incurred in each of these departments
are as follows:
COBA
$ 90,000
COE
$ 70,000
Physical Plant
$120,000
Library
$ 80,000
The actual level of support is as
follows:
Supplied by
Used by
Physical Plant
Library
COBA
COE
Physical Plant
40%
35%
25%
Library
20%
50%
30%
Determine the:
Cost allocated to...
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Calculate the total overhead costs of the operating departments
(Eastern and Western) after the supportdepartment costs of
Engineering and Information Technology have been allocated using
the following methods (showing your calculations in tables and
footnotes, if needed):
a. direct method
b. step-down method (allocate Engineering first)
c. step-down method (allocate Information Technology first)
d. reciprocal method (be sure to show what equations were
used)
Support Departments Operating Departments Information Eastern Western Engineering Technology Department Department Total $300,000 $250,000 $650,000 $920,000...
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Valdosta State University has two colleges, College of Business Administration (COBA) & College of Education (COE). The two support departments are Physical Plant & the Library. The costs incurred in each of these departments are as follows: COBA COE Physical Plant Library $ 90,000 $ 70,000 $120,000 $ 80,000 The actual level of support is as follows: Supplied by COE Used by Physical Library COBA Plant 40% 20% 50% 35% Physical Plant Library 25% 30% Determine the: 1. Cost allocated...
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Phoenix Partners provides management consulting services to government and corporate clients. Phoenix has two support departments-administrative services (AS) and information systems (IS)—and two operating departments-government consulting (GOVT) and corporate consulting RP). For the first quarter of 2017, Phoenix's cost records indicate the following: (Click the icon to view the cost records.) (CORP). Po Read the requirements. Requirement 1a. Allocate the two support departments' costs to the two operating departments using the direct method. (Do not round intermediary calculations and round...
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Phoenix Partners provides management consulting services to government and Corporate clients Phoenix has two support depart ament e services (AS) and information systems (15) and two operating departments-government consting (GOVT) and corporate consulting (CORP) For the first quarter of 2017, Phoenix's cost records indicate the following (Click the icon to ww the cost records The two Sport department costs have been allocated to the two operating departments the vect method and the step-down method (AS department fest) and the step...
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C. XYZ’s Book and Music Store has two service departments,
Warehouse and Data Center. Warehouse Department costs of $350,000
are allocated on the basis of budgeted warehouse-hours. Data Center
Department costs of $150,000 are allocated based on the number of
computer log-on hours. The costs of operating departments Music and
Books are $250,000 and $300,000, respectively. Data on budgeted
warehouse-hours and number of computer log-on hours are as
follows:
Support Departments
Production Departments
Warehouse Department
Data Center Department
Music
Books...
Problem 1 Samsung has two operating/user departments, Gen 4 & Gen 5. The two support departments are Information Technology (IT) & Product Development (PD). The costs incurred in each of these departments are as follows: Gen 4 $300,000 Gen 5 $480.000 IT $60,000 PD $150,000 The actual level of support is as follows: Supplied by Used by ITPD Gen 4 Gen 5 10% 30% 60% PD 20% 25% 55% Determine the cost allocated to: 1. Gen 4 using the direct...
Phoenix Partners provides management consulting services to government and corporate clients. Phoenix has two support departments-administrative services (AS) and information systems (15)—and two operating departments-government consulting (GOVT) and corporate consulting (CORP). For the first quarter of 2017, Phoenix's cost records indicate the following: SUPPORT ASIS OPERATING GOVT CORP Total $ 600,000 $ 2,400,000 $8,756,000 $ 12,452,000 $ 24,208,000 Budgeted overhead costs before any interdepartment cost allocations Support work supplied by AS (budgeted head count) Support work supplied by IS (budgeted...
Manhattan Partners provides management consulting Services to government and corporate clients Manhattan has two support departments administrative services (AS) and information systems (15) and two operating departments government consulting (GOT) and corporate consulting (CORP) For the first quarter of 2017. Manhattan's cost records indicate the following 11. Click the icon to view the cost records) The two support department costs have been allocated to the two operating departments in the direct method and the p-down method (AS department and the...
Calculate the total overhead costs of the operating departments
(Eastern and Western) after the supportdepartment costs of
Engineering and Information Technology have been allocated using
the following methods (showing your calculations in tables and
footnotes, if needed):
a. direct method
b. step-down method (allocate Engineering first)
c. step-down method (allocate Information Technology first)
d. reciprocal method (be sure to show what equations were
used)
Support Departments Operating Departments Information Eastern Western Engineering Technology Department Department Total $300,000 $250,000 $650,000 $920,000...
Valdosta State University has two colleges, College of Business Administration (COBA) & College of Education (COE). The two support departments are Physical Plant & the Library. The costs incurred in each of these departments are as follows: COBA COE Physical Plant Library $ 90,000 $ 70,000 $120,000 $ 80,000 The actual level of support is as follows: Supplied by COE Used by Physical Library COBA Plant 40% 20% 50% 35% Physical Plant Library 25% 30% Determine the: 1. Cost allocated...
Phoenix Partners provides management consulting services to government and corporate clients. Phoenix has two support departments-administrative services (AS) and information systems (IS)—and two operating departments-government consulting (GOVT) and corporate consulting RP). For the first quarter of 2017, Phoenix's cost records indicate the following: (Click the icon to view the cost records.) (CORP). Po Read the requirements. Requirement 1a. Allocate the two support departments' costs to the two operating departments using the direct method. (Do not round intermediary calculations and round...
Phoenix Partners provides management consulting services to government and Corporate clients Phoenix has two support depart ament e services (AS) and information systems (15) and two operating departments-government consting (GOVT) and corporate consulting (CORP) For the first quarter of 2017, Phoenix's cost records indicate the following (Click the icon to ww the cost records The two Sport department costs have been allocated to the two operating departments the vect method and the step-down method (AS department fest) and the step...