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AccountingManagerial Accounting: The Cornerstone of Business Decision-Making7th Edition

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Chapter 4, Problem 27BEA
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Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773

Solutions

Chapter
Section
Problem 1DQ
Problem 2DQ
Problem 3DQ
Problem 4DQ
Problem 5DQ
Problem 6DQ
Problem 7DQ
Problem 8DQ
Problem 9DQ
Problem 10DQ
Problem 11DQ
Problem 12DQ
Problem 13DQ
Problem 14DQ
Problem 15DQ
Problem 16DQ
Problem 17DQ
Problem 18DQ
Problem 19DQ
Problem 20DQ
Problem 1MCQ
Problem 2MCQ
Problem 3MCQ
Problem 4MCQ
Problem 5MCQ
Problem 6MCQ
Problem 7MCQ
Problem 8MCQ
Problem 9MCQ
Problem 10MCQ
Problem 11MCQ
Problem 12MCQ
Problem 13MCQ
Problem 14MCQ
Problem 15MCQ
Problem 16MCQ
Problem 17MCQ
Problem 18MCQ
Problem 19MCQ
Problem 20MCQ
Problem 21MCQ
Problem 22BEA
Problem 23BEA
Problem 24BEA
Problem 25BEA
Problem 26BEA
Problem 27BEA
Problem 28BEA
Problem 29BEB
Problem 30BEB
Problem 31BEB
Problem 32BEB
Problem 33BEB
Problem 34BEB
Problem 35BEB
Problem 36E
Problem 37E
Problem 38E
Problem 39E
Problem 40E
Problem 41E
Problem 42E
Problem 43E
Problem 44E
Problem 45E
Problem 46E
Problem 47E
Problem 48E
Problem 49E
Problem 50E
Problem 51E
Problem 52E
Problem 53P
Problem 54P
Problem 55P
Problem 56P
Problem 57P
Problem 58P
Problem 59P
Problem 60P
Problem 61P
Problem 62P
Problem 63P
Problem 64P
Problem 65P
Problem 66C
Problem 67C
BuyFindarrow_forward

Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773
Textbook Problem
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Use the following information for Brief Exercises 4-27 and 4-28:

Quillen Company manufactures a product in a factory that has two producing departments, Cutting and Sewing, and two support departments, S1 and S2. The activity driver for S1 is number of employees, and the activity driver for S2 is number of maintenance hours. The following data pertain to Quillen:

Chapter 4, Problem 27BEA, Use the following information for Brief Exercises 4-27 and 4-28: Quillen Company manufactures a

Brief Exercises 4-27 (Appendix 4B) Assigning Support Department Costs by Using the Direct Method

Refer to the information for Quillen Company above.

Required:

1. Calculate the cost assignment ratios to be used under the direct method for Departments S1 and S2. (Note: Each support department will have two ratios—one for Cutting and the other for Sewing.)

2. Allocate the support department costs to the producing departments by using the direct method.

1.

To determine

Computecost assignment ratios to be used under S1 and S2 departments.

Explanation

Direct Method:

Direct method implies that the unit cost must include all the factory costs. It states that the cost of support departments should not be added in the unit cost if it is not included in producing departments’ costbecause they do not play any role in selling the unit or product.

Use the following formula to calculate assignment ratios for Department S1 on the basis of number of employees:

Cutting department:

Cutting=Number of employees​ in cuttingTotal employees​ in producing departments

Substitute 63 for number of employees in cutting and 210 for total employees in producing department in the above formula.

Cutting=63 employees210 employees=0.30

Therefore, the assignment ratio for cutting department is 0.30.

Sewing department:

Sewing=Number of employees​ in sewingTotal employees​ in producing departments

Substitute 147 for number of employees in cutting and 210 for total employees in producing department in the above formula.

Sewing=147 employees210​ employees=0.70

Therefore, the assignment ratio for sewing department is 0.70.

Use the following formula to calculate assignment ratios for Department S2 on the basis of number of maintenance hours:

Cutting department:

Cutting=Number of maintenance hours of cuttingTotal maintenance hours of producing departments

Substitute 16,000 for number of maintenance hoursof cutting and 20,000 for total maintenance hours of producing department in the above formula.

Cutting=16,000 hours20,000 hours=0

2.

To determine

Apportion support department costs to the producing departments using direct method:

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