Larkspur's Market United (LMU) is an umbrella organization for all individuals who are go-getters in home-grown...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Larkspur's Market United (LMU) is an umbrella organization for all individuals who are go-getters in home-grown produce, homemade jams/jellies, artisan breads, and other hand-crafted items to be sold on local street corners. It represents a proud group of folks who are trying to keep the small producer and the health-conscious consumer top-of-mind when it comes to filling the refrigerator and pantry. As a large organization that provides a variety of services for its regional member clubs, LMU continually strives to better understand its own profitability. LMU has four key support services to assist its members: Member Services, Social Media, Resource Deployment, and Administrative Services. These four support departments exist for the benefit of the three operating segments, which are organized geographically: East, Central, and West. While the support services primarily assist the operating segments, they also cross over and assist each other. The services offered by the support departments, along with the original cost of each support department, are as follows. Original cost Member Services hours Social Media hours Resource Deployment Support Departments Operating Segments Member Services Social Media Resource Deployment Admin. Services East Central West $21,700 $27,300 $39,000 $54,600 Not available Not available Not available 600 300 500 500 500 500 100 200 400 500 600 hours Admin. Services hours 100 300 200 500 400 400 (a) Using the direct method, allocate the support services costs to the operating segments, showing the total support costs that each operating segment will be accountable for as your final result. (Round answers to 2 decimal places, e.g. 15.25.) East Total $ +A Operating Segments Central West Larkspur's Market United (LMU) is an umbrella organization for all individuals who are go-getters in home-grown produce, homemade jams/jellies, artisan breads, and other hand-crafted items to be sold on local street corners. It represents a proud group of folks who are trying to keep the small producer and the health-conscious consumer top-of-mind when it comes to filling the refrigerator and pantry. As a large organization that provides a variety of services for its regional member clubs, LMU continually strives to better understand its own profitability. LMU has four key support services to assist its members: Member Services, Social Media, Resource Deployment, and Administrative Services. These four support departments exist for the benefit of the three operating segments, which are organized geographically: East, Central, and West. While the support services primarily assist the operating segments, they also cross over and assist each other. The services offered by the support departments, along with the original cost of each support department, are as follows. Original cost Member Services hours Social Media hours Resource Deployment Support Departments Operating Segments Member Services Social Media Resource Deployment Admin. Services East Central West $21,700 $27,300 $39,000 $54,600 Not available Not available Not available 600 300 500 500 500 500 100 200 400 500 600 hours Admin. Services hours 100 300 200 500 400 400 (a) Using the direct method, allocate the support services costs to the operating segments, showing the total support costs that each operating segment will be accountable for as your final result. (Round answers to 2 decimal places, e.g. 15.25.) East Total $ +A Operating Segments Central West
Expert Answer:
Answer rating: 100% (QA)
Allocating Support Service Costs to Operating Segments Direct Method LMU Support Service Costs Alloc... View the full answer
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
Posted Date:
Students also viewed these accounting questions
-
A taxpayer believes they are entitled to a Qualified Business Income (QBI) deduction based on their Schedule E rental properties. The taxpayer is Married Filing Jointly and their AGI for TY2022 is...
-
One of the product example for process layout is 1. Welding Shop 2. Cement manufacturing plant 3. TV manufacturing 4. Two wheeler manufacturing plant
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
I have this data frame with the years and values, can you make a model to predict the value of meats,fish,fruits and vegetables and grains? based on the current values of the table and historical...
-
Elevation (ft)860870880890900910 Area (ft2)137016602293295035504850
-
Identify the journal in which each of the following transactions is recorded. 1. Cash sales 2. Owner withdrawal of cash 3. Cash purchase of land 4. Credit sales 5. Purchase of merchandise on account...
-
Many academic medical centers have merged with community notfor- profit hospitals and struggled to combine their workforces. Think of three ways the cultures of these two types of organizations might...
-
Rons, Inc.s inventory records for a particular development program show the following at May 31: At May 31, 10 of these programs are on hand. Journalize for Rons: 1. Total May purchases in one...
-
Summerville Company sells office supples. The following information summarizes the company's operating activitles for the year: What is cost of goods sold at Summerville Company? / 1 mark Utilities...
-
A technique of 36 mAs, 100 kV, 200cm SID, 5:1 grid produces 1.8 Gy. What should the new mAs value be if you decrease kV to 85, change to 300 cm SID, use table top and keep exposure constant?
-
Prepare a statement of financial position, statement of comprehensive income and statement of changes in equity in accordance with International Financial Reporting Standards.
-
When one thinks about the spirit of Britain, especially London, Links of London is hoping that their charm, elegance, and world-renowned reputation make them the firm that immediately comes to the...
-
Explain, using an appropriate diagram, how a deflationary gap can occur and how this gap can be eliminated.
-
1. E-Z Open Manufacturing Company is a leading maker of manual can openers. In the year just closed, E-Z Open controlled 17.2% of the manual can opener market in North America. That placed the...
-
The manager of Swift Car Inspection reviewed his monthly operating costs for the past year. His costs ranged from \($4,400\) for 1,400 inspections to \($4,000\) for 900 inspections. Requirements 1....
-
Ronald and Diana are married and have two children, Michelle (age seventeen) and Nancy (age five). During 2021, Rex earned a salary of $18,500, received interest income of $700, and filed a joint...
-
Find the area of the surface generated by revolving the para- metric curve x = cos 1, y = sin? 1 (0 < I sa/2) about the y-axis.
-
Determine all variances (Learning Objectives 4, 5) Avanti manufactures embroidered jackets. The company prepares flexible budgets and uses a standard cost system to control manufacturing costs. The...
-
(Appendix) Journalize standard cost transactions (Learning Objective 6) Refer to the data in PI 1-44A. Journalize the usage of direct materials and the assign ment of direct labor, including the...
-
Compute variances and prepare standard cost income statement (Learning Objectives 4, 5, 6) Happ and Sons makes ground covers to prevent weed growth. During May, the company produced and sold 44,000...
Study smarter with the SolutionInn App