Chancellor Company is divided into four departments. Departments A and B are service departments and Departments 1 and 2 are operating (production) departments. The services of the two service departments are used by the other departments as follows: ?Dept. ADept. BDept. 1Dept. 2Services of:????Department A............ ?50%20%30%Department B............??40%60%Direct costs incurred by each department$60,000$50,000$70,000$80,000Complete the following table:?Allocation of Expenses to Departments?Department A?Department B?Department 1?Department 2Total direct??????? Department expenses..$60,000?$50,000?$ 70,000?$ 80,000Service department expenses??????? Department
A............???????Subtotal........................??????? Department B............???????Total.............................???????
What will be an ideal response?
| ? | Allocation of Expenses to Departments | |||
| ? | Department A | Department B | Department 1 | Department 2 |
| Total direct | ? | ? | ? | ? |
| Department expenses | $60,000 | $50,000 | $ 70,000 | $ 80,000 |
| Service department expenses | ? | ? | ? | ? |
| Department A............ | ? | 30,000 | 12,000 | 18,000 |
| Subtotal........................ | ? | 80,000 | 82,000 | 98,000 |
| Department B............ | ? | ? | 32,000 | 48,000 |
| Total............................. | ? | ? | $114,000 | $146,000 |
You might also like to view...
Processing times for people are typically less variable than objects or things
Indicate whether the statement is true or false
Briefly discuss some of the guidelines you need to follow before a presentation
Identify the five core elements of ISO 14000
What will be an ideal response?
To help eliminate conflicts of interest, Sarbanes-Oxley prohibits all the following activities by audit firms for their clients, except: ______
A) the design and implementation of financial information systems. B) actuarial services. C) management functions and human resources. D) having multiple clients whose interests may be adverse to each other.