Use the following information: Percentage Service Provided to Department Cost S1 S2 P1 P2 Service 1...
Use the following information:
|
Percentage Service Provided to |
|||||||||||||||
| Department | Cost | S1 | S2 | P1 | P2 | ||||||||||
| Service 1 (S1) | $ | 115,000 | 0 | % | 25 | % | 30 | % | 45 | % | |||||
| Service 2 (S2) | 47,000 | 20 | 0 | 20 | 60 | ||||||||||
| Production 1 (P1) | 375,000 | ||||||||||||||
| Production 2 (P2) | 246,000 | ||||||||||||||
| Total | $ | 783,000 | |||||||||||||
QUESTION:
What percentage of S2’s costs is allocated to P1 and to P2 under the direct method?
Homework Answers
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Use the following information:
Percentage Service Provided to
Department
Cost
S1
S2
P1
P2
Service 1...
Use the following information: Percentage Service Provided to Department Cost S1 S2 P1 P2 Service 1...
Use the following information: Percentage Service Provided to Department Cost S1 S2 P1 P2 Service 1 (S1) $115,000 0% 25% 30% 45% Service 2 (S2) $47,000 20 0 20 60 Production 1 (P1) $375,000 Production 2 (P2) $246,000 Total $783,000 Question: What percentage of S1’s costs is allocated to P1 and to P2 under the direct method?
The following information is departmental cost allocation with two service departments and two production departments. Percentage...
The following information is departmental cost allocation with two service departments and two production departments. Percentage Service Provided to Department Service 1 (51) Service 2 (52) Production 1 (P1) Production 2 (P2) Cost $ 49,000 39,000 290,000 340,000 S1 0% 25 S2 30% 0 P1 35% 45 P2 35% 30 What is the amount of service department cost allocated to P1 and P2 using the direct method if the cost in P1 is changed from $290,000 to $310,000? Total Cost...
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...
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 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...
Required information [The following information applies to the questions displayed below.] The following information is departmental...
Required information [The following information applies to the questions displayed below.] The following information is departmental cost allocation with two service departments and two production departments. Percentage Service Provided to Department Cost S1 S2 P1 P2 Service 1 (S1) $ 44,000 0 % 20 % 40 % 40 % Service 2 (S2) 34,000 20 0 20 60 Production 1 (P1) 240,000 Production 2 (P2) 290,000 What is the amount of service department cost allocated to P1 and P2 using the...
The DuffyDog Company has three service departments, S1, S2, and S3, and two production departments, P1...
The DuffyDog Company has three service departments, S1, S2, and
S3, and two production departments, P1 and P2. The following data
relate to DuffyDog’s allocation of service department costs:
Budgeted Costs
Number of Employees
S1
$4,637,000
89
S2
3,262,000
58
S3
2,618,000
40
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)
Your answer is correct.
Allocate service department costs...
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...
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.
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.
The following information is departmental cost allocation with two service departments and two production departments. Percentage Service Provided to Department Service 1 (51) Service 2 (52) Production 1 (P1) Production 2 (P2) Cost $ 49,000 39,000 290,000 340,000 S1 0% 25 S2 30% 0 P1 35% 45 P2 35% 30 What is the amount of service department cost allocated to P1 and P2 using the direct method if the cost in P1 is changed from $290,000 to $310,000? Total Cost...
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...
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 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 DuffyDog Company has three service departments, S1, S2, and
S3, and two production departments, P1 and P2. The following data
relate to DuffyDog’s allocation of service department costs:
Budgeted Costs
Number of Employees
S1
$4,637,000
89
S2
3,262,000
58
S3
2,618,000
40
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)
Your answer is correct.
Allocate service department costs...
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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