Calculate the total service department cost allocated

Assignment Help Financial Accounting
Reference no: EM132806411

Motorcade Company has three service departments (S1, S2, and S3) and two production departments (P1 and P2). The following data relate to Motorcade's allocation of service department costs:

Round to two decimal places.

              Budgeted Cost.         # of Employees
S1.         $3,200,000.                75
S2.          2,120,000.                  50
S3         1,000,000                       25
P1                                        150
P2                                          225

Service department costs are allocated by the direct method. The number of employees is used as the allocation base for all service department costs

Problem 1: Calculate the total service department cost allocated to production department P1

Reference no: EM132806411

Questions Cloud

How the knowledge or theories of course have been applied : Provide a reflection of at least 500 words (or 2 pages double spaced) of how the knowledge, skills, or theories of this course have been applied.
What is the juice company calculated break-even : A juice company reports these data: Selling price per unit: $7. What is the juice company's calculated break-even point in number of units
Continuous quality improvements program : Why should Public Health Organizations have a Continuous Quality Improvements program? Please provide examples.
What amount should ashe capitalize for this leased property : The leased property has estimated economic life of 12 years. What amount should Ashe capitalize for this leased property on January 2, 20x6
Calculate the total service department cost allocated : Service department costs are allocated by the direct method. Calculate the total service department cost allocated to production department P1
How are the products or services produced : How are the products or services produced and distributed by the company? Why are information systems essential in managing the organization's business?
Explain the concept of knowledge management : Explain the concept of Knowledge management. Discuss the role of knowledge management in present day organizations.
How would a utilitarian evaluate this marketing plan : How would a utilitarian evaluate this marketing plan? What factors would a profit maximizer consider in evaluating this marketing plan
What would be the dividend per share paid out on firm stock : Suppose a firm has a retention ratio of 40 percent, net income of $35.8 million, What would be the dividend per share paid out on the firm's stock

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd