Flint Industries operates two support departments, Personnel and Accounting, and two producing departments, Fabrication and Assembly....
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Flint Industries operates two support departments, Personnel and Accounting, and two producing departments, Fabrication and Assembly. Information on the support percentages and cost for each department is as follows: Personnel Accounting Fabrication Assembly Personnel 0% 10% 35% 55% Accounting 6% 0% 55% 39% Operating Costs $16000 10200 108500 100000 Using the reciprocal method of allocating support costs, what is the total cost allocated to the Fabrication Department from the two support departments? Flint Industries operates two support departments, Personnel and Accounting, and two producing departments, Fabrication and Assembly. Information on the support percentages and cost for each department is as follows: Personnel Accounting Fabrication Assembly Personnel 0% 10% 35% 55% Accounting 6% 0% 55% 39% Operating Costs $16000 10200 108500 100000 Using the reciprocal method of allocating support costs, what is the total cost allocated to the Fabrication Department from the two support departments?
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To allocate the support costs to the Fabrication Department using the reciprocal method we need to f... View the full answer
Related Book For
Forensic And Investigative Accounting
ISBN: 9780808056300
10th Edition
Authors: G. Stevenson Smith D. Larry Crumbley, Edmund D. Fenton
Posted Date:
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