Question: can you please help me solve B the step method completed so far. I de Logan Products has two production departments-assembly and finishing These are

can you please help me solve B the step method
can you please help me solve B the step method completed so

completed so far. I de Logan Products has two production departments-assembly and finishing These are supported by two service departments-sourcing purchasing and handling of materials and human resources) and operations (work scheduling, supervision, and inspection Logon has the following labor hours devoted by each of the service departments to the other departments Sourcing Operations Total Labor Hours Used by Departments Sourcing Operations Assembly Finishing 20,000 40,000 60,000 10,000 60,000 50,000 The costs incurred in the plant are as follows Departments Sourcing Operations Assembly Finishing Total Departmental Costs $198.000 260,300 432.000 277.000 5 1 167 000 Required: 1 What are the costs allocated to the two production departments using to the direct method, b) the step method, when the sourcing department that provides the greatest percentage of services to other service departments goes first and (c) the reciprocal method 2. What are the total costs in the production departments after allocation (For all requirements, do not round intermediate calculations. Round your final answers to nearest whole dollar amount.) Ja Answer is complete but not entirely correct. Total Service Department Total Cost Production COS Allocated Direct Method Assembly s 221,018 653,018 Finishing 236,902 512,062 Step Method Assembly 207.810 639,518 Finishing 217.1020 104182 Reciprocal Method Assembly 222017 154 017 Finishing 2351 512.18

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!