Question
In: Accounting
Betty's Book and Music Store has two service departments, Warehouse and Data Center. Warehouse Department costs...
Betty's Book and Music Store has two service departments, Warehouse and Data Center. Warehouse Department costs are allocated on the basis of warehouse-hours. Data Center Department costs are allocated based on the number of computer hours. The costs of departments, warehouse-hours and number of computer hours are as follows: Support Departments Operating Departments Warehouse Data Center Music Books Departmental costs $ 60,000 $40,000 $60,000 $70,000 Warehouse-hours - 400 200 400 Computer hours 250 - 375 375
The total cost accumulated in the music department using the
direct method is
Group of answer choices
$126,000
$100,000
$130,000
$104,000
The total cost accumulated in the music department using the
step-down method is (assume the warehouse department goes
first)
Group of answer choices
104,000
$100,000
$126,000
$130,000
The total cost accumulated in the music department using the
reciprocal method is
Group of answer choices
$102,222
$122,402
$127,778
$142,471
Solutions
ekkarill92 answered 2 years agoRelated Solutions
Betty's Book and Music Store has two service departments, Warehouse and Data Center. Warehouse Department costs...
Betty's Book and Music Store has two service departments,
Warehouse and Data Center. Warehouse Department costs are allocated
on the basis of warehouse-hours. Data Center Department costs are
allocated based on the number of computer hours. The costs of
departments, warehouse-hours and number of computer hours are as
follows:
Support Departments
Operating Departments
Warehouse
Data Center
Music
Books
Departmental costs
$ 60,000
$40,000
$60,000
$70,000
Warehouse-hours
-
400
200
400
Computer hours
250
-
375
375
The total cost accumulated...
Betty's Book and Music Store has two service departments, Warehouse and Data Center. Warehouse Department costs...
Betty's Book and Music Store has two service departments,
Warehouse and Data Center. Warehouse Department costs are allocated
on the basis of warehouse-hours. Data Center Department costs are
allocated based on the number of computer hours. The costs of
departments, warehouse-hours and number of computer hours are as
follows:
Support Departments
Operating Departments
Warehouse
Data Center
Music
Books
Departmental costs
$ 60,000
$40,000
$60,000
$70,000
Warehouse-hours
-
400
200
400
Computer hours
250
-
375
375
The total cost accumulated...
Goldfarb's Book and Music Store has two service departments, Warehouse and Data Center. Warehouse Department costs...
Goldfarb's Book and Music Store has two service departments,
Warehouse and Data Center. Warehouse Department costs of $370,000
are allocated on the basis of budgeted warehouse-hours. Data Center
Department costs of $180,000 are allocated based on the number of
computer log-on hours. The costs of operating departments Music and
Books are $137,500 and $165,000, respectively. Data on budgeted
warehouse-hours and number of computer log-on hours are as
follows:
Production
Support
Departments Departments
Warehouse Department
Data Center Department
Music
Books
Budgeted costs...
SHARMA's Book and Music Store has two service departments, Warehouse and Data Center. Warehouse Department costs...
SHARMA's Book and Music Store has two service
departments, Warehouse and Data Center. Warehouse Department costs
of $360,000 are allocated on the basis of budgeted warehouse-hours.
Data Center Department costs of $475,000 are allocated based on the
number of computer log-on hours. The costs of operating departments
Music and Books are $142,500 and $171,000, respectively. Data on
budgeted warehouse-hours and number of computer log-on hours are as
follows:
SUPPORT PRODUCTION
Warehouse Department
Data Center Department
Music
Books
Budgeted costs
$360,000...
Matt limited has two production, departments, machine department and assembly department. There are two service departments,...
Matt limited has two production, departments, machine department
and assembly department. There are two service departments, stores
and maintenance. The budgeted overheads of each department along
with overheads that have yet to be apportioned are listed below,
along with details which can be used for appointment.
Total Machine Dept Assembly Dept Stores Maintenance
K’000 K’000 K’000 K’000 K’000
Indirect labour 1 125 000 400 000 650 000 40 000 35 000
Indirect material 310 000 160 000 120 000 10...
CJ’s Motorcycle Store has two service departments: Maintenance and Personnel. The maintenance department’s costs are allocated...
CJ’s Motorcycle Store has two service departments: Maintenance
and Personnel. The maintenance department’s costs are allocated on
the basis of maintenance hours. The personnel department’s costs
are allocated based on the number of employees. CJ has two
production departments: Assembly and Repairs. The following data is
provided to you for review: Support Departments Production
Departments Maintenance Personnel Assembly Repairs Budgeted
costs
Support Departments
Support Departments
Production Departments
Production Departments
Maintenance
Personnel
Assembly
Repairs
Budgeted cost
$320,000
$80,000
$160,000
$240,000
Budgeted...
Superman Store has two support departments, Information Systems and Personnel. The Information Systems Department costs are...
Superman Store has two support departments, Information Systems
and Personnel. The Information Systems Department costs are
allocated on the basis of hours used. The Personnel
Department costs are allocated based on the number of
employees. Data on information systems hours used and
number of employees are as follows:
Information
Allocation
Bases: Systems Personnel Fruit Nut
Total
cost $120,000 $30,000 $60,000 $90,000
Information systems hours
used 600 600 720 480
Number of
employees 10 20 40 120
a. Write the equations needed to allocate
support department costs using the reciprocal method.
b. Solve for the total cost to be allocated
under...
Andy Corp. has two service departments and two operating departments. The company allocates service departmental costs...
Andy Corp. has two service departments and two operating
departments. The company allocates service departmental costs to
operating departments using the step-down method. Operating data
for these departments for last year are as follows: Service
Departments Operating Departments Personnel Maintenance Assembly
Machining Departmental costs $144,000 $84,000 $12,000 $34,000
Number of employees 35 30 90 60 Machine-hours 0 0 330 170 Personnel
costs are allocated first on the basis of number of employees and
Maintenance costs are allocated second on the...
Andy Corp. has two service departments and two operating departments. The company allocates service departmental costs...
Andy Corp. has two service departments and two operating
departments. The company allocates service departmental costs to
operating departments using the step-down method. Operating data
for these departments for last year are as follows:
Service Departments
Operating Departments
Personnel
Maintenance
Assembly
Machining
Departmental costs
$144,000
$84,000
$12,000
$34,000
Number of employees
35
30
90
60
Machine-hours
0
0
210
290
Personnel costs are allocated first on the basis of number of
employees and Maintenance costs are allocated second on the...
Mushed’s String Company has two service departments, Maintenance and Personnel. Maintenance Department costs of $320,000 are...
Mushed’s String Company has two service departments, Maintenance
and Personnel. Maintenance Department costs of $320,000 are
allocated on the basis of budgeted maintenance-hours. Personnel
Department costs of $80,000 are allocated based on the number of
employees. The costs of operating departments A and B are $160,000
and $240,000, respectively. Data on budgeted maintenance-hours and
number of employees are as follows:
Support Departments
Production Departments
Maintenance
Personnel
A
B
Budgeted costs
$320,000
$80,000
$160,000
$240,000
Budgeted maintenance-hours
NA
200
240
160...
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