Question: ANSWER THE FOLLOWING WITH SOLUTIONS :) THANK YOU 1. Total amount of service cost that should be allocated to the Printing Department under STEP METHOD?

ANSWER THE FOLLOWING WITH SOLUTIONS :) THANK YOU

1. Total amount of service cost that should be allocated to the Printing Department under STEP METHOD?

2. Total amount of service cost that should be allocated to the Printing Department under DIRECT METHOD?

3. Total amount of service cost that should be allocated to the Laminating Department under DIRECT METHOD?

4. Total amount of service cost that should be allocated to the Laminating Department under STEP METHOD?

ANSWER THE FOLLOWING WITH SOLUTIONS :) THANK YOU 1. Total amount

Overhead costs Printing Department P60,000 Laminating Department P40,000 Personnel P93,000 Maintenance P68,000 No. Of Employees Machine hours Personnel 40 Maintenance 60 Printing 120 60,000 Laminating 180 40.000 Allocations are made in the order shown below. Budgeted costs for next quarter are P93, 000 for Personnel and P68.000 for Maintenance

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