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 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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