Homework Answers
Answer
- Requirements asked = ONLY ‘a’ and ‘b’
- Requirement [a]
|
Department |
Supplying (Service Department) |
Using Department |
||
|
Administration |
Accounting |
Domestic |
International |
|
|
Direct Costs |
$ 360,000 |
$ 144,000 |
$ 936,000 |
$ 3,600,000 |
|
Allocation of: |
||||
|
Administration [45+180= 225] |
$ (360,000) |
$ - |
$ 72,000 |
$ 288,000 |
|
Accounting [20000 + 80000 = 100000] |
$ - |
$ (144,000) |
$ 28,800 |
$ 115,200 |
|
Total cost after allocation have been made |
$ - |
$ - |
$ 1,036,800 |
$ 4,003,200 |
--Working
|
Department |
Supplying (Service Department) |
Using Department |
||
|
Administration |
Accounting |
Domestic |
International |
|
|
=+I8 |
360000 |
144000 |
936000 |
3600000 |
|
Allocation of: |
||||
|
Administration [45+180= 225] |
-360000 |
0 |
=360000*45/225 |
=360000*180/225 |
|
Accounting [20000 + 80000 = 100000] |
0 |
-144000 |
=144000*20000/100000 |
=144000*80000/100000 |
- Requirement [b]
|
Department |
Supplying (Service Department) |
Using Department |
||
|
Administration |
Accounting |
Domestic |
International |
|
|
Direct Costs |
$ 360,000 |
$ 144,000 |
$ 936,000 |
$ 3,600,000 |
|
Allocation of: |
||||
|
Administration [25+45+180= 250] |
$ (360,000) |
$ 36,000 |
$ 64,800 |
$ 259,200 |
|
Accounting [20000 + 80000 = 100000] |
$ - |
$ (180,000) |
$ 36,000 |
$ 144,000 |
|
Total cost after allocation have been made |
$ - |
$ - |
$ 1,036,800 |
$ 4,003,200 |
--Working
|
Department |
Supplying (Service Department) |
Using Department |
||
|
Administration |
Accounting |
Domestic |
International |
|
|
=+K13 |
360000 |
144000 |
936000 |
3600000 |
|
Allocation of: |
||||
|
Administration [25+45+180= 250] |
-360000 |
=360000*25/250 |
=360000*45/250 |
=360000*180/250 |
|
Accounting [20000 + 80000 = 100000] |
0 |
=-144000-36000 |
=180000*20000/100000 |
=180000*80000/100000 |
Add Answer to:
a & b only 11-49. Comparison of Allocation Methods (LO 11-2, 3, 4) eXcel BluStar Company...
I need help with C!! I have the answer to A & B already correct. BluStar...
I need help with C!! I have the answer to A & B already correct. BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International. Administration costs are allocated on the basis of employees, and Accounting costs are allocated on the basis of number of transactions. A summary of BluStar operations follows. Administration Accounting Domestic International Employees – 28 38 34 Transactions 36,000 – 20,000 80,000 Department direct costs $ 353,000 $ 143,000 $...
BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International....
BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International. Administration costs are allocated on the basis of employees, and Accounting costs are allocated on the basis of number of transactions. A summary of BluStar operations follows: Administration Accounting Domestic International Employees – 24 54 22 Transactions 31,000 – 18,000 72,000 Department direct costs $ 352,000 $ 146,000 $ 945,000 $ 3,600,000 Required: a. Allocate the cost of the service departments to the operating...
BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International....
BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International. Administration costs are allocated on the basis of employees, and Accounting costs are allocated on the basis of number of transactions. A summary of BluStar operations follows. Administration Accounting Domestic International Employees – 28 46 26 Transactions 32,000 – 25,000 100,000 Department direct costs $ 363,000 $ 145,000 $ 935,000 $ 3,590,000 Required: a. Allocate the cost of the service departments to the operating...
BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International....
BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International. Administration costs are allocated on the basis of employees, and Accounting costs are allocated on the basis of number of transactions. A summary of BluStar operations follows. Employees Transactions Department direct costs Administration Accounting 22 33,000 $363,000 $149,000 Domestic 48 22,000 $935,000 International 30 88,000 $3,520,000 Required: a. Allocate the cost of the service departments to the operating departments using the direct method. b....
BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International....
BluStar Company has two service departments, Administration and
Accounting, and two operating departments, Domestic and
International. Administration costs are allocated on the basis of
employees, and Accounting costs are allocated on the basis of
number of transactions. A summary of BluStar operations
follows.
6 BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International. Administration costs are allocated on the basis of employees, and Accounting costs are allocated on the basis of number of...
BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International....
BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International. Administration costs are allocated on the basis of employees, and Accounting costs are allocated on the basis of number of transactions. A summary of BluStar operations follows. Administration Accounting Domestic International Employees – 28 46 26 Transactions 40,000 – 24,000 96,000 Department direct costs $ 353,000 $ 146,000 $ 945,000 $ 3,640,000 Required: a. Allocate the cost of the service departments to the operating...
BlluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International....
BlluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International. Administration costs are allocated on the basis of employees, and Accounting costs are allocated on the basis of number of transactions. A summary of BluStar operations follows. Administration Accounting Domestic International Employees Transactions 27 37 36 28,eee 8e,ee0 37,000 Book Department direct $140,e08 $955,000 $3,590,e00 $353,e0e costs Print eterences Required: a. Allocate the cost of the service departments to the operating departments using the...
BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International. Administration costs are allocated on the basis of employees, and Accounting costs are allocated on the basis of number
BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International. Administration costs are allocated on the basis of employees, and Accounting costs are allocated on the basis of number of transactions. A summary of BluStar operations follows. AdministrationAccountingDomesticInternationalEmployees–294526Transactions36,000–20,00080,000Department direct costs$361,000$149,000$960,000$3,700,000Required:a. Allocate the cost of the service departments to the operating departments using the direct method.b. Allocate the cost of the service departments to the operating departments using the step method. Start with Administration.c. Allocate the cost of the...
BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International....
BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International. Administration costs are allocated on the basis of employees, and Accounting costs are allocated on the basis of number of transactions. A summary of BluStar operations follows. Employees Transactions Department direct costs Administration Accounting 25 50,000 $51,000 $20,500 Domestic 15 10,000 $ 158,750 International 60 40,000 $608,000 BluStar estimates that the cost structure in its operations is as follows. Variable costs Fixed costs Total...
Please also show how you got each number! Thanks Problem 11-54 Cost Allocation: Step and Reciprocal...
Please also show how you got
each number! Thanks
Problem 11-54 Cost Allocation: Step and Reciprocal Methods (LO 11-3, 4) Great Eastern Credit Union (GECU) has two operating departments (Branches and Electronic) and three service departments (Processing, Administration, and Maintenance). During July, the following costs and service department usage ratios were recorded: Using Department Maintenance Processing Administration 50% Supplying Department Processing Administration Maintenance Direct cost 0 Branches 10% 60% 20% $4,400,000 Electronic 40% 40% 50% $1,700,000 15% $84,000 15% $540,000...
BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International. Administration costs are allocated on the basis of employees, and Accounting costs are allocated on the basis of number of transactions. A summary of BluStar operations follows. Employees Transactions Department direct costs Administration Accounting 22 33,000 $363,000 $149,000 Domestic 48 22,000 $935,000 International 30 88,000 $3,520,000 Required: a. Allocate the cost of the service departments to the operating departments using the direct method. b....
BluStar Company has two service departments, Administration and
Accounting, and two operating departments, Domestic and
International. Administration costs are allocated on the basis of
employees, and Accounting costs are allocated on the basis of
number of transactions. A summary of BluStar operations
follows.
6 BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International. Administration costs are allocated on the basis of employees, and Accounting costs are allocated on the basis of number of...
BlluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International. Administration costs are allocated on the basis of employees, and Accounting costs are allocated on the basis of number of transactions. A summary of BluStar operations follows. Administration Accounting Domestic International Employees Transactions 27 37 36 28,eee 8e,ee0 37,000 Book Department direct $140,e08 $955,000 $3,590,e00 $353,e0e costs Print eterences Required: a. Allocate the cost of the service departments to the operating departments using the...
BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and International. Administration costs are allocated on the basis of employees, and Accounting costs are allocated on the basis of number of transactions. A summary of BluStar operations follows. Employees Transactions Department direct costs Administration Accounting 25 50,000 $51,000 $20,500 Domestic 15 10,000 $ 158,750 International 60 40,000 $608,000 BluStar estimates that the cost structure in its operations is as follows. Variable costs Fixed costs Total...
Please also show how you got
each number! Thanks
Problem 11-54 Cost Allocation: Step and Reciprocal Methods (LO 11-3, 4) Great Eastern Credit Union (GECU) has two operating departments (Branches and Electronic) and three service departments (Processing, Administration, and Maintenance). During July, the following costs and service department usage ratios were recorded: Using Department Maintenance Processing Administration 50% Supplying Department Processing Administration Maintenance Direct cost 0 Branches 10% 60% 20% $4,400,000 Electronic 40% 40% 50% $1,700,000 15% $84,000 15% $540,000...
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