ASU Tool has three service departments that support two production departments The Repair Department supports the...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
ASU Tool has three service departments that support two production departments The Repair Department supports the greatest number of departments, followed by the Tool Department., and service departments' costs are allocated to departments based on the number of employees. Use the step-down method to allocate service department costs to production departments. Service Departments Production Department Repair Tool Receiving Assembly Bolting Department cost $25,000 $ 33,000 $ 10,000 15,000 $ 20,000 Repair allocation (1) (2) (3) (4) (5) Tool allocation (6) (7) (8) (9) Receiving allocation (10) (11) (12) Total cost after allocation (13) (14) (15) (16) (17) Number of employees 25 2 2 12 Find the values for the following and show your work. ASU Tool has three service departments that support two production departments The Repair Department supports the greatest number of departments, followed by the Tool Department., and service departments' costs are allocated to departments based on the number of employees. Use the step-down method to allocate service department costs to production departments. Service Departments Production Department Repair Tool Receiving Assembly Bolting Department cost $25,000 $ 33,000 $ 10,000 15,000 $ 20,000 Repair allocation (1) (2) (3) (4) (5) Tool allocation (6) (7) (8) (9) Receiving allocation (10) (11) (12) Total cost after allocation (13) (14) (15) (16) (17) Number of employees 25 2 2 12 Find the values for the following and show your work.
Expert Answer:
Answer rating: 100% (QA)
Allocation of Department Cost Direct Method Particular... View the full answer
Posted Date:
Students also viewed these accounting questions
-
The DiCaprio Company has three service departments (administration, maintenance, and technology support) and two production departments (creative and output). A summary of costs and other data for...
-
The following are considered inputs to Response Model Except: (1) O a Product sales O b. Industry capacity O c. Quality of the product O d. Competitive actions Oe. Promotional spending
-
6-23. (Portfolio beta and security market line) You own a portfolio consisting of the stocks below: PERCENTAGE OF PORTFOLIO STOCK OR SECURITY BETA EXPECTED RETURN 1 20% 1.00 12% 2 30% 0.85 8% 15%...
-
How would this photo be different if the two people were both Americans?
-
In the October 26, 1992, prospectus summary of the Staples 5% convertible subordinated debentures due 1999, the offering stated: Convertible into Common Stock at a conversion price of $45 per share ....
-
1. Twice a year for 15 years, Warren Ford invested $1,700 compounded semi-annually at 6% interest. What is the value of this annuity date? 2. Scupper Molly invested $1,800 semiannually for 23 years...
-
The Honeybee dataset contains data collected from the USDA on the estimated number of honeybee colonies (in thousands) for the years 1995 through 2012. We use technology to find that a regression...
-
Return on investment ( ROI) is computed in the fol-lowing manner: ROI is equal to turnover multiplied by earnings as a percent of sales. Turnover is sales divided by total investment. Total...
-
A manufacturing company reports the following for the period: Inventories Beginning Ending Raw materials $ 1 8 , 1 2 0 $ 1 2 , 1 0 0 Work in process 9 , 5 0 0 1 1 , 3 0 0 Finished goods 1 2 , 5 6 0...
-
Choice Designs Ltd operates a wholesale/retail carpet store. The statement of financial position of the business as at 31 May Year 8 is as follows: As a result of falling profits the directors of the...
-
As one ages, some areas of cognition decline and some remain stable. Discuss two parts of cognition that decline and two parts that remain stable. What factors, in your opinion, can influence the...
-
What measures are taken to integrate qualitative factors, such as managerial judgment and industry expertise, into the quantitative modeling process to enrich the robustness and comprehensiveness of...
-
The diagram below shows the velocity vectors for two cars that are moving relative to each other. 25 m/s west Car 1 20 m/s west Car 2 From the frame of reference of car 2, what is the velocity of car...
-
What role do sensitivity analyses and scenario planning play in mitigating risk and assessing the resilience of financial projections to potential market fluctuations and macroeconomic variables?
-
Bangles Corporation issued 5-year, 11% bonds with a face value of $300,000 on April 1, 2019. Assume that the bonds are sold for $318,000. Interest is paid semiannually at October 1 and April 1....
-
What ethical considerations arise in agenda-setting processes, particularly regarding transparency, accountability, and the representation of marginalized voices, and how can ethical frameworks...
-
Recruiters have to listen differently than most people. The foremost difference is that recruiters _____. Select an answer: listen for red flags in order to understand past patterns of behavior...
-
Synthesize the products by drawing out reagents and intermediates along the way. `N H. OH HO HO
-
2019. Peabody Energy Company and Arch Resources, Inc., are two titans in a now-dwindling industry. Peabody operates three mines in the Southern Powder River Basin (SPRB) in Wyoming, one of which is...
-
Beginning around 1915, Natural Products Refining Corporation (NPRC) operated a chemical plant in Jersey City, New Jersey, at which it turned chromite ore into chromium chemicals (primarily sodium...
-
When GTE Sylvania discovered it was losing market share to other television manufacturers, it developed a franchise plan that limited the number of retailers selling its product in each area....
Study smarter with the SolutionInn App