Concord 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 Accounting Fabrication Assembly Personnel Ⓒ$15345. O $16445. O $12000. O $16534. 0% 10% 30% 60% Accounting 6% 0% 50% 44% Operating Costs $17400 10800 104000 100500 Using the reciprocal method of allocating support costs, what is the total cost allocated to the Assembly Department from the two support departments?
Concord 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 Accounting Fabrication Assembly Personnel Ⓒ$15345. O $16445. O $12000. O $16534. 0% 10% 30% 60% Accounting 6% 0% 50% 44% Operating Costs $17400 10800 104000 100500 Using the reciprocal method of allocating support costs, what is the total cost allocated to the Assembly Department from the two support departments?
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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