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A company with two producing departments and two support departments has the following data:     Support Departments Producing Departments   General Factory Purchasing Power Pesticide Liquid Fertilizer Direct overhead $312,000 $169,000 $80,000 $78,800 $107,700 Square footage   1,500 1,500 4,200 4,800 Machine hours 1,403 1,345   24,000 8,000 Purchase orders 40 7 20 120 60   Use the sequential method to allocate the support department costs to the producing departments. (Round allocation percentages to 4 significant digits)  General factory to Pesticide and Fertilizer, respectively (you only need to indicate these two numbers)  Nearest dollar Purchasing to Pesticide and Fertilizer, respectively       (you only need to indicate these two numbers)   Nearest dollar Power to Pesticide and Fertilizer, respectively using machine hours, compute the departmental predetermined overhead rates for Pesticide and Fertilizer, respectively  (nearest cent) 1. General: $Question Blankand $Question Blank2. Purchasing: $Question Blankand $Question Blank3. Power: $Question Blankand $Question Blank4. $Question Blankper machine hour and $Que

A company with two producing departments and two support departments has the following data:     Support Departments Producing Departments   General Factory Purchasing Power Pesticide Liquid Fertilizer Direct overhead $312,000 $169,000 $80,000 $78,800 $107,700 Square footage   1,500 1,500 4,200 4,800 Machine hours 1,403 1,345   24,000 8,000 Purchase orders 40 7 20 120 60   Use the sequential method to allocate the support department costs to the producing departments. (Round allocation percentages to 4 significant digits)  General factory to Pesticide and Fertilizer, respectively (you only need to indicate these two numbers)  Nearest dollar Purchasing to Pesticide and Fertilizer, respectively       (you only need to indicate these two numbers)   Nearest dollar Power to Pesticide and Fertilizer, respectively using machine hours, compute the departmental predetermined overhead rates for Pesticide and Fertilizer, respectively  (nearest cent) 1. General: $Question Blankand $Question Blank2. Purchasing: $Question Blankand $Question Blank3. Power: $Question Blankand $Question Blank4. $Question Blankper machine hour and $Que

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter7: Allocating Costs Of Support Departments And Joint Products
Section: Chapter Questions
Problem 28E: Minor Co. has a job order cost system and applies overhead based on departmental rates. Service...
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A company with two producing departments and two support departments has the following data:

 

  Support Departments Producing Departments
  General Factory Purchasing Power Pesticide Liquid Fertilizer
Direct overhead $312,000 $169,000 $80,000 $78,800 $107,700
Square footage   1,500 1,500 4,200 4,800
Machine hours 1,403 1,345   24,000 8,000
Purchase orders 40 7 20 120 60

 

Use the sequential method to allocate the support department costs to the producing departments. (Round allocation percentages to 4 significant digits) 

  1. General factory to Pesticide and Fertilizer, respectively (you only need to indicate these two numbers)  Nearest dollar
  2. Purchasing to Pesticide and Fertilizer, respectively       (you only need to indicate these two numbers)   Nearest dollar
  3. Power to Pesticide and Fertilizer, respectively
  4. using machine hours, compute the departmental predetermined overhead rates for Pesticide and Fertilizer, respectively  (nearest cent)
1. General: $Question Blankand $Question Blank2. Purchasing: $Question Blankand $Question Blank3. Power: $Question Blankand $Question Blank4. $Question Blankper machine hour and $Question Blankper machine hour respectively
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