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The Helium Store has a Human Resources Department and a Janitorial Department that provide service to three sales departments. The Human Resources Department cost is allocated on the basis of employees, and the Janitorial Department cost is allocated on the basis of space. The following information is available:
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- QUESTION 29 A company has two service departments (S1 and S2) and two user departments (U1 and U2). The following information is available: Service Department Cost Cost Allocation Base Amount of service used by S1 S2 User Department, U1 User Department, U2 S1 $160,000 Number of Service Calls (SC) – 25 SC 60 SC 15 SC S2 $200,000 Computer hours (CH) 2,000 CH – 3,000 CH 5,000 CH Based on the direct method, how much of the service department costs will be allocated to U1? A. $156,000 B. $203,000 C. $186,000 D. $171,000A B C D E 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Chapter 7: Applying Excel Data Manufacturing overhead $500,000 Selling and administrative overhead $300,000 Assembling Units Processing Orders Supporting Customers Other Manufacturing overhead 50% 35% 5% 10% Selling and administrative overhead 10% 25% 45% 20% Total activity 1,000 250 100 units orders customers OfficeMart orders: Customers 1 customer Orders 6 orders Number of filing cabinets ordered in total 80 units Selling price $595 Direct materials $180 Direct labor $50 a) Based on new number of orders in Requirement 2, what is the customer margin under activity-based costing when the data are corrected? (b) Based on new number of orders in Requirement 2, what is the product margin under the traditional costing system when the data are corrected?…Percentage Service Provided to Department Cost S1 S2 P1 P2 Service 1 (S1) $ 122,000 0 % 40 % 40 % 20 % Service 2 (S2) 54,000 25 0 25 50 Production 1 (P1) 445,000 Production 2 (P2) 316,000 Total $ 937,000 What percentage of S1’s costs is allocated to P1 and to P2 under the direct method?
- Ch. 4 Self Study Pg 316 Assign Indirect Cost to Individual Products or Services. Please solve the following based on the material given below. Per Unit Cost Information Floor Safe Business Direct Materials $20 Direct Labor 10 Manufacturing Overhead is Unkown Wall Safe Business Direct Materials $15 Direct Labor 15 Manufacturing Overhead is Unkown **Solve the Unkown Production Information Floor Safe Business Units Produced 35,000 Direct Labor Hours per unit 1 Wall Safe Business Units Produces 10,000 Direct Labor Houers per unit 1.5 ***600.000 is the estimated total manufacturing overhead Please solve these questions and explain 1) Compute the predetermined overhead rate per direct labor hour 2) How much of the total manufacturing overhead would be allocated to each product? 3) Compute the total manufacturing Cost per unit for each product.Subject: Cost management & accounting Q.1Direct Material = Rs. 50,000Direct Labour = 75,000Rent (Factory) = 5,000Fuel & Power = 2,000Rent (Office) = 3,000Utility (Factory) = 3,000Utility (Office) = 1,500Factory Supervisor Salary = 5,000Depreciation( Machines = 2,000Indirect Material = 10,000Indirect Labour = 5,000Compute: i) Prime Cost ii) Factory Over Head iii) Factory Cost iv) Conversion CostRequired information Skip to question [The following information applies to the questions displayed below.] The following information is departmental cost allocation with two service departments and two production departments. Percentage Service Provided to Department Cost S1 S2 P1 P2 Service 1 (S1) $ 47,000 0 % 20 % 40 % 40 % Service 2 (S2) 37,000 20 0 20 60 Production 1 (P1) 270,000 Production 2 (P2) 320,000 What is the total cost in P1 and P2 and what is the amount of service department cost allocated to P1 and P2 using the step method with S1 going first?
- Harrison , Inc : Advertising Costs President's Salary Tax Payments Factory Repair and Maintenance Direct Materials Used $10,600; 230000; 12, 500 920 Direct Labor Administrative Salaries 27, 500; 36, 22000 How much were Harrison's product costs ? Select one : a . $64,420 Ob . $86,420 . $65,620 Od . $339,520Problem 4Sales Price Php 300 per unitFixed Cost:Marketing and administrative Php 24,000.00 per periodManufacturing overhead Php 30,000.00 per periodVariable Cost:Marketing and administrative Php 6 per unitManufacturing overhead Php 9 per unitDirect Labor Php 30 per unitDirect Materials Php 60 per unitUnit Produced and sold Php 1,200 per periodRequired: 4. Full cost to make and sell per unit5. Compute Net incomeProblem 8 Pitt Jones Company had the following activities, allocated costs, and allocation bases: Activities Account inquiry (hours) Account billing (lines) Account verification (accounts) 15,000 Correspondence (letters) 10,000 Allocated Costs $60,000 0,000 Allocation Base 2,000 hours 20,000 liners 20,000 accounts 1,000 letters The above activities are used by departments P and Q P Department Q Account inquiry (hours) Account billing (lines) Account verification (accounts) 100 hours 10,000 lines 1,000 accounts 50 letters 200 hours 7,000 lines 600 accounts 100 letters 1) How much of the account verification costs will be assigned to Department P
- DATA ENVELOPMENT ANALYSIS OUTPUT INPUT STORE LOCATION SALES EBITDA STORE ARE(SQ.FT) #EMPLOYEES 1 A 47,682,116 7,459,291 35,523.00 62.0 2 B 42,612,114 3,880,099 39,493.00 75.00 3 C 44,187,228 4,215,221 39,731.00 79.00 4 D 30,487,610 4,201,924 35,833.00 77.00 5 E 41,535,542 5,182,632 36,552.00 75.00 6 F 24,497,561 3,079,086 37,328.00 61.00 7 G 43,749,818 6,485,312 38,709.00 79.00 8 H 24,081,113 1,820,738 37,827.00 66.00 9 K 44,711,757 6,310,682 35,631.00 66.00 10 L 32,138,829 125,696…Hd.4. Manufacturing cost data for Salte Company are presented below. Case A Case B Case C Direct materials used (a) $65,600 $132,000 Direct labor $ 56,000 78,000 (g) Manufacturing overhead 48,500 81,900 103,000 Total manufacturing costs 196,650 (d) 263,900 Work-in-process, 1/1/12 (b) 14,500 (h) Total cost of work in process 224,500 (e) 325,000 Work-in-process, 12/31/12 (c) 8,000 70,000 Cost of goods manufactured 182,275 (f) (i) InstructionsIndicate the missing amount for each letter (a) through (c). CASE A ONLY.MC Qu. 5-47 Baxter customer service department follows... Baxter customer service department follows up on customer complaints by telephone inquiry. During a recent period, the department initiated 12,800 calls and incurred costs of $377,600. Of these calls, 3,970 were for the company's wholesale operation; the remainder was for the retail division. Costs allocated to the retail division are: Multiple Choice $0. $377,600. $117,115. $260,485. $270,045