please solve all parts within 30 minutes.... Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distributioreach service department's efforts (in percentages) to the other departments is:FromS1S2S1S1S2P1P220%$ 170,00064,00051,000125,000S2P120% 30%?ToThe direct operating costs of the departments (including both variable and fixed costs) are:Required 1 Required 2Required:1. Determine the total cost of P1 and P2 using the direct method.2. Determine the total cost of P1 and P2 using the step method.3. Determine the total cost of P1 and P2 using the reciprocal method.Production department 1Production department 2Complete this question by entering your answers in the tabs below.P2Required 1 Required 2?%Production department 1Production department 240Determine the total cost of P1 and P2 using the direct method. (Do not round intermediate calculations.)Total CostAllocatedRequired 1 Required 2Production department 1Production department 2Required 3Required 3Determine the total cost of P1 and P2 using the step method. (Do not round intermediate calculations.)Total CostAllocated< Required 1Required 3< Required 1Complete this question by entering your answers in the tabs below.Required 2 >Total CostAllocatedDetermine the total cost of P1 and P2 using the reciprocal method. (Do not round intermediate calculations. Round your finalanswers to whole dollars.)Required 3 >< Required 2Required 3 >

Cost allocation is the process of relieving the cost centers of shared service organizations that…

Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution each service department's efforts (in percentages) to the other departments is: From S1 S2 S1 S2 P1 P2 - 20% To P1 20% 30% ? 64,000 51,000 125,000 P2 The direct operating costs of the departments (including both variable and fixed costs) are: S1 $ 170,000 S2 7% 40 Required 1 Required 2 Required: 1. Determine the total cost of P1 and P2 using the direct method. 2. Determine the total cost of P1 and P2 using the step method. 3. Determine the total cost of P1 and P2 using the reciprocal method. Complete this question by entering your answers in the tabs below. Required 3

Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution each service department's efforts (in percentages) to the other departments is: From S1 S2 S1 S2 P1 P2 - 20% To P1 20% 30% ? 64,000 51,000 125,000 P2 The direct operating costs of the departments (including both variable and fixed costs) are: S1 $ 170,000 S2 7% 40 Required 1 Required 2 Required: 1. Determine the total cost of P1 and P2 using the direct method. 2. Determine the total cost of P1 and P2 using the step method. 3. Determine the total cost of P1 and P2 using the reciprocal method. Complete this question by entering your answers in the tabs below. Required 3

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 30E: A company uses charging rates to allocate service department costs to the using departments. The...

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Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department’s efforts (in percentages) to the other departments is: From To S1 S2 P1 P2 S1 — 20 % 30 % ? % S2 20 % — ? 40 The direct operating costs of the departments (including both variable and fixed costs) are: S1 $ 255,000 S2 85,000 P1 66,000 P2 200,000 3. Determine the total cost of P1 and P2 using the reciprocal method.
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department’s efforts (in percentages) to the other departments is: To From S1 S2 P1 P2 S1 - 10% 20% %? S2 10% - %? 30% The direct operating costs of the departments (including both variable and fixed costs) are: S1 $ 225,000 S2 75,000 P1 62,000 P2 180,000 Required: 1. Determine the total cost of P1 and P2 using the direct method. 2. Determine the total cost of P1 and P2 using the step method. 3. Determine the total cost of P1 and P2 using the reciprocal method.
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department’s efforts (in percentages) to the other departments is: From To S1 S2 P1 P2 S1 — 20% 30% ?% S2 20% — ? 40 The direct operating costs of the departments (including both variable and fixed costs) are: S1 $ 255,000 S2 85,000 P1 69,000 P2 215,000 Required: 1. Determine the total cost of P1 and P2 using the direct method. 2. Determine the total cost of P1 and P2 using the step method. 3. Determine the total cost of P1 and P2 using the reciprocal method. QUESTION 2. Tango Company produces joint products M, N, and T from a joint process. This information concerns a batch produced in April at a joint cost of $185,000: Product Units Produced and Sold After Split-Off Total Separable Costs Total Final Sales Value M 16,500 $ 14,300 $ 225,000 N 10,500 15,800 205,000 T 11,500 7,900 38,000 Required:…