FOH DEPARTMENTALIZATION: Q1. Martin Company has four producing department and three servicing departments. The following information...
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FOH DEPARTMENTALIZATION: Q1. Martin Company has four producing department and three servicing departments. The following information for October is available: Departments Grinding Forming Machining Finishing Building service Health and Recreation Repairs Total Actual Expenses ($) Departments 10,000 14,000 4,000 8,000 6,000 Boiler shop Store Room Total 5,000 3,000 50,000 Production departments: Spinning Weaving Dyeing and Printing Stitching Service departments: Maintenance shop Square Feet 3000 1500 2500 1000 500 2000 R$ 2000 12500 Total Actual factory Area overhead expenses Employees The basis for distributing the cost of service department are: Building service, area wise; Health and Recreation, number of employees; Repairs, Investment in Equipment. The company assigns service department expense to other service department. However after department's expenses have been allocated, no expense is assigned back to it. 30 20 30 10 15 Q2. A Textile company has four producing departments and three servicing departments. The actual factory overhead cost and other related statistical data for the month of June is as follows: 945,000 1,200 900,500 1,600 730,000 1,350 765,400 800 5 540,500 700 575,200 650 390,800 950 4,847,400 7,250 10 120 Square Pounds Yards Steam consumed Investment in Equipment(S) 20,000 10,000 12,000 4,000 600 105,000 125,000 150,000 170,000 60,000 -0- 50,000 660,000 1600 2400 50,600 Number of Requisitions Production Numbers 350 275 230 285 90 95 30 1,355 Direct labor "hours" 32,500 34,500 36,400 28,400 The order and bases for distribution of service departments' factory overhead expenses to other departments are as follows: Maintenance shop: Area in square yards Boiler shop: Steam consumption in pounds Store Room: Number of requisitions Additional information: The Company assigns service departments expenses to other service departments too, however, after a service department's expenses have been allocated, no expenses are assigned back to it. Required Schedule showing distribution of service departments' factory overhead expenses based on the data given above. || FOH DEPARTMENTALIZATION: Q1. Martin Company has four producing department and three servicing departments. The following information for October is available: Departments Grinding Forming Machining Finishing Building service Health and Recreation Repairs Total Actual Expenses ($) Departments 10,000 14,000 4,000 8,000 6,000 Boiler shop Store Room Total 5,000 3,000 50,000 Production departments: Spinning Weaving Dyeing and Printing Stitching Service departments: Maintenance shop Square Feet 3000 1500 2500 1000 500 2000 R$ 2000 12500 Total Actual factory Area overhead expenses Employees The basis for distributing the cost of service department are: Building service, area wise; Health and Recreation, number of employees; Repairs, Investment in Equipment. The company assigns service department expense to other service department. However after department's expenses have been allocated, no expense is assigned back to it. 30 20 30 10 15 Q2. A Textile company has four producing departments and three servicing departments. The actual factory overhead cost and other related statistical data for the month of June is as follows: 945,000 1,200 900,500 1,600 730,000 1,350 765,400 800 5 540,500 700 575,200 650 390,800 950 4,847,400 7,250 10 120 Square Pounds Yards Steam consumed Investment in Equipment(S) 20,000 10,000 12,000 4,000 600 105,000 125,000 150,000 170,000 60,000 -0- 50,000 660,000 1600 2400 50,600 Number of Requisitions Production Numbers 350 275 230 285 90 95 30 1,355 Direct labor "hours" 32,500 34,500 36,400 28,400 The order and bases for distribution of service departments' factory overhead expenses to other departments are as follows: Maintenance shop: Area in square yards Boiler shop: Steam consumption in pounds Store Room: Number of requisitions Additional information: The Company assigns service departments expenses to other service departments too, however, after a service department's expenses have been allocated, no expenses are assigned back to it. Required Schedule showing distribution of service departments' factory overhead expenses based on the data given above. ||
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Question Answer 1 Department Grinding Forming Machining Finishing Building service Health and Recreation Repairs Total Actual expense 10000 14000 4000 8000 6000 5000 3000 50000 Allocation of building ... View the full answer
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Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
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