Question: Need the 3 0 0 2 9 9 value solved and thats it . CHATGPT CANNOT DO THIS DONT ATTEMPT IF YOU DONT KNOW COST
Need the value solved and thats it CHATGPT CANNOT DO THIS DONT ATTEMPT IF YOU DONT KNOW COST ACCOUNTING. Exercise Algo Plantwide versus Department Allocation LO
West State Furniture WSF manufactures desks and desk chairs using two departments within a single facility. The West Department
produces the desks, and the State Department produces the chairs. WSF uses plantwide allocation to allocate its overhead to all
products. Direct materials cost is the allocation base. The rate used is percent of direct materials cost. Last year, revenue, direct
materials, and direct labor were as follows.
Required:
a Compute the profit or loss for each product using plantwide allocation.
b The new CFO at WSF was surprised that the company used a plantwide rate, because the two products were produced in separate
departments. The cost analyst estimated the overhead rates for each department separately. Using department rates, the West
Department rate would be percent of direct materials cost. The State Department rate would be percent of direct materials
cost Recompute the profits or loss for each product using each department's allocation rate based on direct materials cost in each
department
Answer is complete but not entirely correct.
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