The following chart indicates the percentage of support department services used by other departments. Service departments are
Question:
The following chart indicates the percentage of support department services used by other departments. Service departments are designated S1, S2, and S3; operating departments are designated RP1 and RP2.
Direct costs of the period were $170,000, $360,000, and $600,000 for S1, S2, and S3, respectively. Allocate the support department costs to the operating departments using the algebraicmethod.
Transcribed Image Text:
SERVICES USED S2 10% Department S1 S2 S3 S1 n/a 40% 20 S3 209% 30 RP1 306 20 40 RP2 40% 10 10 na 30 na
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S1 170000 40S2 20S3 S2 360000 10S1 30S3 S3 600000 20S1 30S2 a Substitute S3 into the equations for S...View the full answer
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Related Book For
Cost Accounting Foundations and Evolutions
ISBN: 978-1111626822
8th Edition
Authors: Michael R. Kinney, Cecily A. Raiborn
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