A sada manufacturer has two operating departments. Miong and Botting Mixing has 600 employees and Botting has 400 employees. Office costs of $320,000 are allocated to operating departments basednumber of employees. The office costs allocated to the Botting department areMurple ChoiceOOO$90,000$64,000$200,000$192.000

Lets understand the basics.Service cost department cost needs to allocate to production department…

Answered: A soda manufacturer has two operating…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Xyz corp-a printing and packaging company has the following cost.Factory Supervisor salary-12,000 Cutting staff salary-15,000 Quality control-12500 Inventory analyst _10,500 Paper and glue-5,000 Office supplies-2,500 Repair of aircon for office-2,800 Repair of exhaust fan- gluing area 3,700 Cutting machine-45 000 Find the manufacturing and non manufacturing cost Find the direct and direct cost
AA Appliances manufactures three machines: washers, dryers, and dish washers. Data on the price and costs for the units are shown below. Washers Dryers Dish Washers Price $840.00 $670.00 $500.00 Direct Materials $420.00 $335.00 $250.00 Direct Labor $200.00 $110.00 $70.00 Variable Manufacturing Overhead $80.00 $70.00 $80.00 It is calculated that manufacturing overhead is allocated to the three products using a rate of $10 per machine hour. It is revealed that there are 140 extra machine hours to allocate to produce another product. Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Calculate the machine hours used per item. Washers Dryers Dish Washers Variable Manufacturing Overhead Answer Answer Answer Over
am104.
QQWTWV844 Corporation uses the step-down method to allocate service department costs to operating departments. The company has three service departments and two operating departments. Data concerning those departments follow: Service Departments Janitorial $72,750 Operating Departments Binding $355,000 295 30,000 30,000 Admin. $162,500 Maintenance $39,000 Printing $430,000 Costs # of employees Sq. feet occ. Hours of press time 60 33 132 190 4,000 10,000 15,000 90,000 60,000 QQWTWV844's Admin. Department's costs are allocated on the basis of number of employees; Janitorial Department's costs are allocated on the basis of square feet occupied; Maintenance Department's costs are allocated on the basis of press time hours used. (ID#86342) Q: What is QQWTWV844's total Binding Department's cost (including its beginning cost) after all allocations? A: $
MANUFACTURNG OVERHEADS Thumamina Limited manufactures various produds that are produced in two production departments: Department Q and Department V. In addition to these two production departments, the company has a service department, which provides support to the production departments. The following additional information is available: Department Q Department V Service department Number of employees 150 100 Floor space 2050 m 1250 m2 1100 m2 Value of machinery R900 000 R300 000 R250 000 Kilowatt hours 1300 1000 400 Labour hours 5000 4 000 150 Machine hours 4 000 2 000 100 The budgeted manufacturing overheads for 2018 are as follows: Rent of building R1010 000 Electricity R95 000 Depreciation of machinery (based on machine hours) R230 000 Salaries of supervisors R380 500 Insurance buildings (based on value of machinery) R150 755 Indirect material: Department Q R88 000 Department V R35 000 Service department R27 000 Required Calculate the primary allocation of overheads per…
Criselda Company has provided detail on a variety of costs for Q4: Factory supplies: $9,100 • Administrative salaries: $97,500 • Direct materials: $153,500 • Sales staff salaries: $93,500 • Factory depreciation: $48,700 • Corporate headquarters building rent: $48,500 Indirect labor: $39,500 ● • Marketing: $103,000 Direct labor: $95,400 • Factory utilities: $24,100 The total of the period costs listed above for Q4 is: Answer: 342500
Test and Pack Department 120,000 Total $306,000 The direct labor information for the production of 7,500 units of each product is as follows: Assembly Department Test and Pack Department Blender 750 dlh 2,250 dlh Toaster oven 2,250 750 Total 3,000 dlh 3,000 dlh Four Finger Appliance used direct labor hours to allocate production department factory overhead to products. If required, round all per unit answers to the nearest cent. a. Determine the two production department factory overhead rates. Assembly Department per direct labor hour Test and Pack Department per direct labor hour b. Determine the total factory overhead and the factory overhead per unit allocated to each product. Product Total Factory Overhead Factory Overhead Per Unit Blender Toaster oven
Direct costs Square footage Number of employees A Maintenance $126,000 800 $36,000 $42,750 Haman Resources $64,000 400 12 Q Zoom Mixing Finishing $105,000 $175,000 1,200 1,600 24 32 Lola Corporation consist of two service departments, Maintenance and Human Resources. John Company also has two production departments, Mixing and Finishing. Maintenance costs are allocated based on square footage while Human Resources costs are allocated based on number of employees. The following information has been gathered for the current year: If the step-down method is used to allocate service department costs, and the Maintenance Department is allocated first, the amount of costs allocated from the Maintenance Department to the Mixing Department is B $63,000 $42,000
Subject - Acounting
Black and Blue Sports Inc. manufactures two products: snowboards and skis. The factory overhead incurred is as follows: 1 Indirect labor $507,000.00 2 Cutting Department 156,000.00 3 Finishing Department 192,000.00 4 Total $855,000.00 The activity base associated with the two production departments is direct labor hours. The indirect labor can be assigned to two different activities as follows: 1 Activity Budgeted Activity Cost Activity Base 2 Production control $237,000.00 Number of production runs 3 Materials handling 270,000.00 Number of moves 4 Total $507,000.00 The activity-base usage quantities and units produced for the two products follow: Number of Number of Direct Labor Hours— Direct Labor Hours— Units Production Runs Moves Cutting Finishing Produced Snowboards 430 5,000 4,000 2,000 6,000 Skis 70 2,500 2,000 4,000 6,000 Total 500 7,500 6,000 6,000…
$516,301 $1,770,842. $571,709 $943,699. $888,291 6
Pronghorn Industries operates two support departments, Personnel and Accounting, and two producing departments, Fabrication and Assembly. Information on the support percentages and cost for each department is as follows: Personnel Personnel Accounting 10% Fabrication Assembly O $14357. $13700. $13097. $14436. 0% 30% 60% Accounting 6% 0% 55% 39% Operating Costs $17400 7400 104500 98500 Using the reciprocal method of allocating support costs, what is the total cost allocated to the Assembly Department from the two support departments?

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