Question: Barclay Ltd has the following data: Prod 1 Prod 2 Stores dept Maintenance dept Overhead costs $ 15,000 14,897 12,000 10,000 Cost of material requisitions
Barclay Ltd has the following data:
| Prod 1 | Prod 2 | Stores dept | Maintenance dept | ||
| Overhead costs $ | 15,000 | 14,897 | 12,000 | 10,000 | |
| Cost of material requisitions | 45,000 | 40,000 | - | 15,000 | |
| M'nance hours needed (hrs) | 6,000 | 2,500 | 1,500 |
Required:
A. Use the repeated distribution method to apportion the overhead costs of the two service centres
B. Ascertain the total overhead costs of the production departments
| Prod 1 | Prod 2 | Stores dept | Maintenance dept | ||
| Overhead costs | |||||
| Apportion stores | |||||
| Apportion maintenance | |||||
| Repeat: stores | |||||
| Repeat: maintenance | |||||
| Repeat: stores | |||||
| Repeat: maintenance | |||||
| Total | |||||
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