Hi, can someone please help me with this question? ChocoMix Inc. is a producer of premium chocolate based in Palo Alto.For 2020, the trucking fleet had a practical capacity of 55 round-trips between the Palo Alto plant and the two suppliers.It recorded the following information:1 (Click the icon to view additional information.)(Click the icon to view the budget and actual data.)Read the requirements......Requirement 1. Using the single-rate method, allocate costs to the dark chocolate division and the milk chocolate division in these three ways.a. Calculate the budgeted rate per round-trip and allocate costs based on round-trips budgeted for each division.The budgeted rate per round-trip isThis translates to indirect costs allocated to the dark chocolate division forand milk chocolate division forData TableMore InfoAВCThe company has a separate division for each of its two products: dark chocolateand milk chocolate. ChocoMix purchases ingredients from Wisconsin for its dark1BudgetedActualchocolate division and from Louisiana for its milk chocolate division. Both locations2 Costs of truck fleet$ 137,500 $ 107,500are the same distance from ChocoMix's Palo Alto plant. ChocoMix Inc. operates afleet of trucks as a cost center that charges the divisions for variable costs (driversand fuel) and fixed costs (vehicle depreciation, insurance, and registration fees) ofoperating the fleet. Each division is evaluated on the basis of its operating income.Number of round-trips for dark chocolate3 division (Palo Alto plant - Wisconsin)Number of round-trips for milk chocolate4 division (Palo Alto plant - Louisiana)30302025..... E- books, an online book retailer, has two operating departments-corporate sales and consumer sales-and twosupport departments-human resources and information systems.The following data are available for September 2020:(Click the icon to view the data.)1 (Click the icon to view additional information.)(Click the icon to view the direct allocation data.)(Click the icon to view the step-down allocation data.)Read the requirements.IIO. SystemsTOtarПCorporateCOnSuImerCosts incurred$75,000 $230,000 $992,000 $481,000 $ 1,778,000Allocation of HR costs(100,000)20,00048,00032,000Allocation of Info. Systems costs25,000(250,000)180,00045,000O $ 1,220,000 $558,000 $ 1,778,000Total budgeted costs of operating departmentsThis time, use repeated iterations. (Round your final answers to the nearest whole dollar. Use parentheses or a minus sign when decreasing departments by allocating costs. Enter a "0" for any zero balances.)Support DepartmentsOperating DepartmentsReciprocal MethodHRInfo. SystemsCorporateConsumerTotalBudgeted overhead costsbefore interdepartment cost allocations750002300009920004810001778000First allocation of HR costs-75000150003600024000245000First allocation of Info. Systems costs24500-24500044100Second allocation of HR costs-2450049007840Second allocation of Info. Systems costs490-4900882.....

A budgeted cost or rate refers to the cost which is being evaluated on the basis of expected future…

It recorded the following information: E (Click the icon to view the budget and actual data.) A (Click the icon to view additional information.) Read the requirements. Requirement 1. Using the single-rate method, allocate costs to the dark chocolate division and the milk chocolate division in these three ways. a. Calculate the budgeted rate per round-trip and allocate costs based on round-trips budgeted for each division. The budgeted rate per round-trip is This translates to indirect costs allocated to the dark chocolate division for and milk chocolate division for Data Table - X More Info A B C

It recorded the following information: E (Click the icon to view the budget and actual data.) A (Click the icon to view additional information.) Read the requirements. Requirement 1. Using the single-rate method, allocate costs to the dark chocolate division and the milk chocolate division in these three ways. a. Calculate the budgeted rate per round-trip and allocate costs based on round-trips budgeted for each division. The budgeted rate per round-trip is This translates to indirect costs allocated to the dark chocolate division for and milk chocolate division for Data Table - X More Info A B C

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter8: Budgeting For Planning And Control

Section: Chapter Questions

Problem 13CE: Nashler Company has the following budgeted variable costs per unit produced: Budgeted fixed overhead...

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