During the past month, the following costs were incurred in the three production departments and two service

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During the past month, the following costs were incurred in the three production departments and two service departments of Postaic Company:

Required
Allocate service department costs to Fabrication, Assembly, and Finishing using the reciprocal method, and determine the total costs of Fabrication, Assembly, and Finishing after thisallocation.

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Fundamentals of Cost Accounting

ISBN: 978-0077398194

3rd Edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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Question Posted: Apr 26, 2012 02:40 AM

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During the past month, the following costs were incurred in the three production departments and two service

Question:

Using Department Supplying Department Administration Factory support Factory dministration Support 0.40 Fabrication Assembly Fin ishin 0.30 0.20 $312,500 $390,000 0.20 0.16 $67,000 nig 0.10 0.55 $59,500 0.10 t cost. $120,000

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Set up the equations Total service department costs Direct costs of the service department Cost allo...View the full answer

Fundamentals of Cost Accounting

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