PRT Company has Service Departments A and B and Production Departments X and Y with the...
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PRT Company has Service Departments A and B and Production Departments X and Y with the following data: Direct Costs Services performed by Dept. A Services performed by Dept. B 1. Using direct method 2. Using step-down method 3. Using reciprocal method Service Departments A P 150 A B P 300 40% Production Departments B X P 5,000 40% 20% 70% REQUIRED: Determine the total cost of Department A, B, X and Y after allocating the Service Department Costs under each alternative method. Y P 6,000 DEPARTMENT X Y 20% 10% PRT Company has Service Departments A and B and Production Departments X and Y with the following data: Direct Costs Services performed by Dept. A Services performed by Dept. B 1. Using direct method 2. Using step-down method 3. Using reciprocal method Service Departments A P 150 A B P 300 40% Production Departments B X P 5,000 40% 20% 70% REQUIRED: Determine the total cost of Department A, B, X and Y after allocating the Service Department Costs under each alternative method. Y P 6,000 DEPARTMENT X Y 20% 10%
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Answer rating: 100% (QA)
1 Using the Direct Method In the direct method we allocate the Service Department costs directly to the Production Departments based on the given perc... View the full answer
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0136126638
13th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
Posted Date:
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