Question
In: Accounting
Phoenix Partners provides management consulting services to government and corporate clients. Phoenix has two support departments—administrative...
Phoenix Partners provides management consulting services to government and corporate clients. Phoenix has two support departments—administrative services (AS) and information systems (IS)—and two operating departments—government consulting (GOVT) and corporate consulting (CORP). For the first quarter of 2017, Phoenix’s cost records indicate the following:
Allocation of Administrative Services on dollar amount ranking is $150,000
-
- Allocate the support divisions’ costs to the operating divisions using the direct method.
- Allocate the support divisions’ costs to the operating divisions using the step-down method. Start with the AS Division.
-
- Allocate the support divisions’ costs (administrative services
and information systems) to the two operating divisions using the
reciprocal method.
- Allocate the support divisions’ costs (administrative services
and information systems) to the two operating divisions using the
reciprocal method.
Solutions
ekkarill92 answered 2 years agoRelated Solutions
Austin Partners provides management consulting services to government and corporate clients. Austin has two support departments...
Austin Partners provides management consulting services to
government and corporate clients.
Austin has two support departments —administrative services
(AS) and information systems (IS)—and
two operating departments—government consulting (GOVT) and
corporate consulting (CORP). For the first quarter of 2013,
Austin's cost records indicate the following:
SUPPORT
OPERATING
AS
IS
GOVT
CORP
Total
Budgeted overhead costs before any
interdepartment cost allocations
$690,000
$1,800,000
$7,325,000
$12,550,000
$22,365,000
Support work supplied by AS
(budgeted head count)
---
20%
52%
28%
100%
Support work supplied...
Boston Partners provides management consulting services to government and corporate clients. Boston has two support Departments...
Boston Partners provides management consulting services to
government and corporate clients.
Boston has two support Departments —administrative
services (AS) and information systems (IS)—and two operating
departments—government
consulting (GOVT) and corporate consulting (CORP). For the
first quarter of 2013,
Boston's cost records indicate the following:
SUPPORT
OPERATING
AS
IS
GOVT
CORP
Total
Budgeted overhead costs before any interdepartment cost
allocations
$630,000
$3,000,000
$8,725,000
$12,470,000
$24,825,000
Support work supplied by AS (budgeted head count)
0
20%
48%
32%
100%
Support work supplied...
A consulting firm has two departments, Corporate and Government. Computer support is common to both departments....
A consulting firm has two departments, Corporate and Government.
Computer support is common to both departments. The cost of
computer support is $14.24 million. The following information is
given:
Gigabytes of Storage
Number of Consultants
Corporate
95,400
130
Government
47,600
165
Required:
What is the cost allocation if fixed computer costs of $10.23
million are allocated on the basis of number of consultants and the
remaining costs (all variable) are allocated on the basis of the
number of gigabytes of...
A consulting firm has two departments, Corporate and Government. Computer support is common to both departments....
A consulting firm has
two departments, Corporate and Government. Computer support is
common to both departments. The cost of computer support is $13.11
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Gigabytes of Storage
Number of Consultants
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Government
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Required:
What is the cost
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Computer support is common to both departments. The cost of
computer support is $6 million. The following information is given:
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Government 35,000 230
Required: a. What is the cost charged to each department if the
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Lim & Joyce Consulting provides consulting services related to project management and analytical support. It operates...
Lim & Joyce Consulting provides consulting services related
to project management and analytical support. It operates in a very
tight local labour market and is having difficulty finding quality
staff. The firm bills $350 per hour for services performed. The
labour cost per hour paid by Lim & Joyce Consulting for
professional staff time is $135.
Additional information is provided as follows:
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consisting of: analytical support services, 3...
The Department of Administrative Services (DAS) provides a number of services to other departments in an...
The Department of Administrative Services (DAS) provides a
number of services to other departments in an Australian State
Government. These services include HR and personnel management,
payroll, contract tendering management, contractor management, and
procurement. These services have all been provided from the
Department’s own data centres.
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The Department of Administrative Services (DAS) provides a number of services to other departments in an...
The Department of Administrative Services (DAS) provides a
number of services to other departments in an Australian State
Government. These services include HR and personnel management,
payroll, contract tendering management, contractor management, and
procurement. These services have all been provided from the
Department’s own data centres.
As a result of a change in Government policy, DAS is moving to a
“Shared Services” approach. This approach will mean that DAS will
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You are the assistant controller at Eldora Contract Management Services (ECMS), which provides administrative support to...
You are the assistant controller at Eldora Contract Management
Services (ECMS), which provides administrative support to private
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Scenario The Department of Administrative Services (DAS) provides a number of services to other departments in...
Scenario
The Department of Administrative Services (DAS) provides a
number of services to other departments in an Australian State
Government. These services include HR and personnel management,
payroll, contract tendering management, contractor management, and
procurement. These services have all been provided from the
Department’s own data centres.As a result of a change in Government
policy, DAS is moving to a “Shared Services” approach. This
approach will mean that DAS will centralise a number of services
for the whole of Government...
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