Question: Please respond like the table provided Exercise 2 2 - 5 ( Algo ) Departmental expense allocations LO P 2 Renata Company has four departments:
Please respond like the table provided
Exercise Algo Departmental expense allocations LO P
Renata Company has four departments: Materials, Personnel, Manufacturing, and Packaging. Information follows.
tableDepartmentEmployees,Square Feet,Asset ValuesMaterials$PersonnelManufacturingPackagingTotal$
The four departments share the following indirect expenses for supervision, utilities, and insurance according to their allocation bases.
tableIndirect Expense,Allocation BaseSupervision$ Number of employeesUtilities Square feet occupiedInsurance Asset valuesTotal$
Allocate each of the three indirect expenses to the four departments.
tableSupervision expenses,Allocation Base,Percent of Allocation Base,Cost to be Allocated,Allocated CostDepartmentNumerator,Denominator, of Total,,MaterialsPersonnelManufacturingPackagingTotalsUtilitiesAllocation Base,Percent of Allocation Base,Cost to be Allocated,Allocated CostDepartmentNumerator,Denominator, of Total,,MaterialsPersonnelManufacturingPackagingTotalsInsuranceAllocation Base,Percent of Allocation Base,Cost to be Allocated,Allocated CostDepartmentNumerator,Denominator, of Total,,MaterialsPersonnelManufacturingPackagingTotals
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