Question: Learning Objective 10 Check Figure Total allocated to Fabricating Department, direct method, $42.120 Problem 26-6A Objective: To compare the direct and step methods of allocating

 Learning Objective 10 Check Figure Total allocated to Fabricating Department, direct

Learning Objective 10 Check Figure Total allocated to Fabricating Department, direct method, $42.120 Problem 26-6A Objective: To compare the direct and step methods of allocating overhead costs Monroe Company presents the following data: Department Square Feet Overhead Costs Factory Services $90,000 Tools and Supplies 5,000 27,000 Fabricating 18.000 Assembling 23.000 Finishing 9,000 Directions: Calculate the amounts to be allocated to the three producing departments using (a) the direct method; and (b) the step method, with the Factory Services costs being the first allocated. Where needed, round allocation rates correct to one decimal place

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