Sims Services Company (SSC) has 50 employees, 38 of whom are assigned to Division A and 12
Question:
Sims Services Company (SSC) has 50 employees, 38 of whom are assigned to Division A and 12 to Division B. SSC incurred $296,000 of fringe benefits cost during 2011.
Required
Determine the amount of the fringe benefits cost to be allocated to Division A and to Division B.
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Step 1 is to determine the allocation rate Fringe benefit cost 296000 Allocati...View the full answer
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Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
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