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Question - Company has two service departments, Maintenance (MT) and Human resources (HR) and two production departments, P1 and P2. Maintenance Department costs of $125,000 are allocated on the basis of square feet of area in each department. The number of square feet in the HR, P1 and P2 departments are 400sqft, 600 sqft. and 700 sqft respectively. The HR Department costs of $50,000 are allocated based on the number of employees in each department. The numbers of employees in the Maintenance, P1 and P2 departments are 10, 100, and 80 respectively.
Compute the total amount of support costs allocated to each of the two operating departments, P1 and P2 using the reciprocal allocation method.
Find what decision he should take with regards to the supplier and raw material. Support your answer with any cases or guidelines you consider relevant.
The Finishing Department uses first-in, first-out (FIFO) process costing. What are the equivalent units of production for materials during the period
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Peter Paul company uses a job order cost system and applies factory overhead to production orders on the basis of direct labor cost
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Construct in good form the investing activities and financing activities section of the company's statement of cash flows for the year.
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Using a flexible budget, and an example of a well-known company that might use a static budget. Explain why you have chosen the companies that you did.
The budgeted manufacturing overhead rate used during the past year was 200% of direct labour cost. The under/over absorbed factory overhead cost for the period?
Vita Boost, Total fixed costs were $19,000. In September, it produced 2,000 bags of food. Which of the following statements is true for September?
On December 31, 2019, the pre-closing trial balance of Agency GHI, What is the Accumulated Surplus/Deficit balance at December 31, 2019?
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